Coinbase Valuation Jumps from $1.6 Billion to as High as $8 Billion

The meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by its investors.  

Also Read: Bitcoin in Brief Tuesday: IOTA Ditched, Bitcoin Taking Over Popular Culture

The $8 Billion Unicorn

San Francisco-based cryptocurrency exchange Coinbase has reportedly seen its market valuation skyrocket to as...

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