Coinbase to invest in cryptocurrency startups

posted 12 months ago
The U.S.’s largest cryptocurrency exchange is set to become an investor in companies that develop products and services for the cryptocurrency sector.

On Thursday the company announced the formation of Coinbase Ventures, through which it will finance “early stage companies that have the teams and ideas that can move the space forward in a positive, meaningful way... our goal is simply to help the most compelling companies in the space to flourish... there might be nuance to the way these startups are building out its products.”
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