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Coinbase to push bitcoin from commodity to currency, with $25mln from investors

Posted on 13 December 2013

It’s a big moment for Bitcoin. With Coinbase Inc. raising $25 million from Andreessen Horowitz and others, it’s not only the largest venture round on record for a Bitcoin startup–according to Dow Jones VentureSource it’s actually more than all venture capital invested into all Bitcoin startups combined during the past 15 months–it also represents the beginning of a shift.
Along with bankrolling the usual employee growth and tech improvements, the startup’s founders will use the infusion to expedite the evolution of Bitcoin from commodity to global currency………………………………………..Full Article: Source


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