Published
5 years ago on
October 31, 2018
“An additional $300 million of investment at a post-money valuation of over $8 billion to accelerate the adoption of cryptocurrencies and digital assets. The Series E equity round is led by Tiger Global Management, with participation from Y Combinator Continuity, Wellington Management, Andreessen Horowitz, Polychain and others.â€The financing was mentioned and that it would be used to accelerate its global expansion, the listing of more cryptocurrencies and being able to provide a basic structure to bring in more organisations to invest in crypto. These are all focused on at the global adoption of cryptocurrencies. In addition, digital currencies which have less prominence to Ripple and TRON are currently listed on the platform. The two digital currencies have seen growths of recent, with Ripple teaming up with several financial institutional platforms offering its blockchain platform for a real-time settlement and TRON has seen the launch of its mainnet which leads it to be a legitimate crypto. As said by ZyCrypto:
“Coinbase is a San Francisco, California based crypto exchange. The platform exchanges Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin with fiat currencies in about 32 countries.â€The exchange thinks that digital currency and the blockchain technology are a sign of a breakthrough in computer science which will change both the internet and the global financial system for the better. This is usually seen as the innovator for whatever the next phase of the internet will bring. What are your thoughts? Let us know what you think down below in the comments!
