Coinbase Ventures Seeks to Invest in Early-Stage Cryptocurrency Firms

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TheMerkle Coinbase VenturesCoinbase remains one of the biggest cryptocurrency exchanges in the world. When the firm hinted at a major announcement, people simply expected it to announce the listing of various new currencies. Instead, the company made it clear it would launch a venture fund to invest in early-stage blockchain companies. That’s not the exciting news people were looking for, but it’s not a bad business decision either. Coinbase’s Venture Fund is Intriguing It is always good to see more companies focus their attention on investing in blockchain startups. Although there are already numerous ventures active in the blockchain world right now, there’s always room for more competition.

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