Oct 2, 2018

Coinbase raising money at $8 billion valuation

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Cryptocurrency exchange Coinbase is raising up to $500 million at an $8 billion valuation led by Tiger Global, as Recode first reported and Axios has confirmed.

The bottom line: Coinbase is one of the cryptocurrency world's best-known companies, but digital token market volatility has made it difficult for some investors to get comfortable predicting future growth.

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