Home Blockchain News Singapore Govt’s Wealth Fund Invests in Coinbase’s $300 Million Round

Singapore Govt’s Wealth Fund Invests in Coinbase’s $300 Million Round

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GIC Private Limited, the sovereign wealth fund of Singapore, was one of the investors in Coinbase’s $300 million fundraising round last year, it has now been revealed. While there were other investors in the Series E round, GIC’s participation was closely guarded until now, per Bloomberg. Other investors who took part in the fundraising round included renowned Silicon Valley venture capital firm Andreessen Horowitz. The Series E round gave Coinbase a valuation of approximately $8 billion. Newsflash: Crypto Giant Coinbase Worth $8 Billion, Will List ‘Hundreds’ of Tokens https://t.co/3bIMZBFWjP — CCN.com (@CryptoCoinsNews) October 30, 2018 Funds Allocation Reveals Coinbase’s Global

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* First published on ccn.com

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