Coinbase Starts a Charity Fund, Eyes $1 Billion

2018-6-28 18:37

The CEO of Coinbase is looking to gather $1 billion in two years' time in cryptocurrency to donate to various causes.

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Coinbase seeks additional $1.25 billion funding via institutional investors

Coinbase said on Monday that it plans to raise about $1. 2 billion from private debt offering in a bid to inject funds, following the continuous underperformance of its Nasdaq-listed stock. The cryptocurrency exchange will also be granted the initial purchasers of the notes a 30-day option to buy up to an extra $187.

2021-5-19 14:20