Singapore Wealth Fund Invested in Coinbase’s Series E Equity Round

Hand Pouring Money into a Coinbase Glass

On February 28, 2019, Bloomberg revealed that GIC Private Limited made up part of the investment team in Coinbase’s 2018 Series E equity round which enabled the San Franciso-based cryptocurrency exchange to raise $300 million and hit a valuation of $8 billion. GIC Invests in Coinbase  Per sources close to the matter, GIC Private Limited

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Source: BTC Manager