Coinbase, a secure hosted Bitcoin wallet that makes it easy for anyone to purchase and use Bitcoin, has raised $75M from DFJ Growth, with participation from existing investors, including Andreessen Horowitz, Union Square Ventures, and Ribbit Capital. According to the Company’s blog – “Three of the world’s most respected financial institutions – The New York Stock Exchange, a subsidiary of USAA, and BBVA (a large multinational bank) also invested in the round alongside personal investments from former Citigroup CEO Vikram Pandit and former Thomson Reuters CEO Tom Glocer. This marks the first time that financial institutions have made a major investment in a Bitcoin company.”
Space Exploration Technologies, Inc., filed an Amended and Restated Certificate of Incorporation on January 20, 2015 that authorized 13 million new shares of Series G at $77.46 per share. This allows for a potential $1B raise, and is 10X the share price of their last round at $7.50.