The company is in talks with Tiger Global and its existing shareholders for an investment of up to $500 million. Coinbase is finalizing a deal that would value the company at about $8 billion, a transaction that would make Coinbase one of the highest-valued startups in the U.S. and help further legitimize the entire cryptocurrency industry.
The company is in talks with Tiger Global and its current shareholders for an investment of up to $500 million, according to people familiar with the matter. Coinbase is expected to add about $250 million in new money to its own coffers, the people said, and as much as $250 million more could go to buying out existing investors, though the exact amount has yet to been determined.
https://www.recode.net/2018/10/2/17928274/coinbase-tiger-global-8-billion-funding-deal
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