BlackTortoise + 103 CM April 5, 2018 Coinbase, the U.S’s largest cryptocurrency exchange that pulls in $$2.7 million a day, will be launching their own venture fund, focusing primarily on early seed stage startup companies aligned with Coinbase's values. First step in this Coinbase fund will be around $15 million. They are not planning to put any money in tokens, as there would be the potential of conflict of interest, but more so "compelling businesses" in the blockchain space. 1 Quote Share this post Link to post Share on other sites
LAOIL + 33 OS April 5, 2018 This is impressive. They are not looking for money-making crypto but funding other companies. Although I'm not sure I would like that if I was Coinbase investor. Quote Share this post Link to post Share on other sites
Vlad Kovalenko + 115 VK April 5, 2018 Airware is doing something similar. They have to do something. If cryptocurrency fails, coinbase is going bust. Quote Share this post Link to post Share on other sites
CMOP + 227 April 6, 2018 It was the logical next step. As Vlad mentioned - if cryptocurrency fails - coinbase will fail. Have to add all value that they can in this space. Quote Share this post Link to post Share on other sites
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