Coinbase starts Investor Fund for larger investors

in #coinbase6 years ago

Coinbase has announced setting up of a new investor fund called Coinbase Investor Fund. The new fund is mainly for Coinbase listed assets - Bitcoin, Bitcoin Cash, Ethereum , LTC and ETC. Meant for US-based investors, Coinbase has invited investors to invest anywhere between 250k to $20 million.

The newly announced fund is a much needed shot in the arm for the crypto community that has seen a massive price dip in the last few days. The move by Coinbase only means that it's business as usual and the major platforms like Coinbase are still preparing for big investors to swoop in.

The new announcement comes days after Coinbase announced plans to include ETC on their platform.

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CoinPrice (USD)📉 24h📉 7d
BTCBitcoin6342.750$-3.65%-17.1%
ETCEthereum Classic13.918$-5.86%-9.07%
ETHEthereum478.381$-3.54%-21.33%
LTCLitecoin93.994$-6.29%-22.5%

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