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Coinbase raised $300 million in a Series E funding round led by Tiger Global Management to accelerate cryptocurrency adoption.

Coinbase raised $300 million in a Series E funding round led by Tiger Global Management to accelerate cryptocurrency adoption.

05/05/24, 6:59 AM
Money raised
$300 million
Round Type
series e
Investors
Polychain, Andreessen Horowitz, Wellington Management, Y Combinator Continuity, Tiger Global Management
Coinbase has successfully raised $300 million in a Series E equity financing round led by Tiger Global Management, with participation from other well-known investors in the crypto space. The funds will be used to accelerate the adoption of cryptocurrencies, build infrastructure for regulated fiat-crypto trading globally, support thousands of new cryptos, and further develop its proprietary wallet and utility applications, including the recent launch of USDCoin.

Company Info

Company
Coinbase

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