Reginal Thomas
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Coinbase Inc. Raised Another $25 In Financing

Coinbase Inc. is a provider of online Bitcoin accounts and transaction services, was able to raise $25 million in a financing round lead by Andreessen Horowitz. Some of the already existing investors in the firm include Union Square Ventures and Ribbit Capital, were also part of the round which brought the total funding to $31 million. Coinbase has 600,000 users who buy and sell the virtual money.