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Andreessen Horowitz bites the Bitcoin bait, invests $20 mn in Coinbase

Bitcoin is getting powerful each passing day, and could soon become a global currency. Bitcoin is slowly moving away from being just a commodity to being a true currency, due, in part, to a massive $25 million funding received by Coinbase from a handful of investors, led by venture capital firm Andreessen Horowitz, which alone has invested $20 million.

by Vamien McKalin

Bitcoins

Andreessen Horowitz bites the Bitcoin bait, invests $20 mn in Coinbase

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