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Cryptocurrency organization Coinbase has become a “unicorn”

Криптовалютная организация Coinbase стала "единорогом"Such an excellent title company added thanks to the coordinated work of the whole team.

The capitalization of the largest exchanger of cryptocurrency Coinbase exceeded $1 billion, So the bitcoin wallet was the first blockchain-a startup with a status of “unicorn”.

Exchanger of digital currencies Coinbase said in its blog that grossed $100 million in a round D of campaign financing. After that, according to research firm Pitchbook, the value of the Coinbase exceeded $1 billion, a record and the first appearance of the so-called unicorn (companies with a market capitalization of a billion dollars) in the world of the blockchain.

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The largest investor in Coinbase became the venture Fund IVP. Also the round D took part Spark Capital, Greylock Partners, Battery Ventures, Section 32 and Draper Associates.

As stated by the founder and head of Coinbase Brian Armstrong, the collected funds will be used to expand the team for trading digital currencies, opening an office in new York for belonging to the Coinbase online exchange GDAX, and most importantly — to develop an online platform for creating their applications to be able to trade and store cryptocurrencies.

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