https://techcrunch.com/2018/10/30/coinbase-is-now-valued-at-8b-after-closing-new-300m-round/

Even in a bear market, investors see money in crypto. Crypto exchange Coinbase says it is now valued at over $8 billion after it closed a new $300 million round of funding to “accelerate the adoption of cryptocurrencies and digital assets.”

The U.S. company said this Series E investment was led by Tiger Global with participation from Y Combinator’s Continuity fund and Wellington Management — a $1 trillion fund that recently got into crypto — alongside Andreessen Horowitz and Polychain among others.