Coinbase is Now Valued at over $8 Billion After Series E Funding Round

Crypto exchange Coinbase is now valued at over $8 billion after it closed a new $300 million funding round.

The US exchange held a Series E investment last week.

Coinbase Funding will Enhance Growth

Coinbase is one of the world’s largest exchanges by trading volume, and it has been at the fore of the cryptocurrency movement when it exploded in 2017.

In the first half of that year, the exchange facilitated almost $15 billion in digital currency exchanges. That number was five times the amount exchanged across all of 2016. Now, in ...

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