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Coinbase is in talks to acquire Earn.com

Earn founder and CEO Balaji Srinivasan. Photo by Steve Jennings/Getty Images

Digital currency exchange Coinbase is still in talks to acquire Earn.com, a paid inbox service formerly known as 21 inc., Axios has learned from multiple sources.

  • No done deal yet (or maybe ever), but current discussions are at a purchase price north of $100 million (plus management earn-outs) with Coinbase insisting that Earn founder and CEO Balaji Srinivasan come over as CTO.

Why it matters: As 21, the company helped raise the early profile of Bitcoin among Silicon Valley investors.