Coinbase Consider Buying Earn. com

Largest US cryptocurrency platform can be on the verge of its biggest purchase
23 March 2018   786

The largest US cryptocurrency platform Coinbase, which has already attracted venture investments worth more than $ 225 million, is in talks to acquire the Earn .com start-up, CoinDesk reports.

Earn .com appeared as a result of the rebranding of the startup 21 Inc and the launch of the same paid platform for messaging. According to one source, the minimum deal discussed is about $ 30 million. So, since its foundation in 2013, Earn.com has raised more than $ 120 million in investments in several rounds.

However, it is noted that negotiations on the potential sale of Earn.com are currently conducted immediately with several parties. One of the interlocutors of the publication also added that all applicants are "very famous" in the industry.

Earlier, Coinbase received a license to provide services in the UK and Europe and announced its intention to launch the index fund Coinbase Index Fund, which will allow US-accredited investors to work with all current and future assets in the listing of the GDAX exchange.

Coinbase to Present Toshi

Company believes that it can be a starting point for decentralized Internet
16 August 2018   206

Coinbase announced the launch of Coinbase Wallet called Toshi, which the company's specialists have been working on for the past year and a half.

According to the company's representatives, Coinbase Wallet should be viewed not simply as a tool for accessing cryptocurrencies, but as a starting point for decentralized Internet.

We believe that the applications of the future will be built on a decentralized internet (the blockchain). Everyone will own a crypto wallet that allows them to access decentralized applications (dapps) and that wallet will be their gateway to the open financial system.
 

Coinbase

Tooshi development started back in April 2017 under the Ethereum messager Token name. Last months the product development was headed by Peter Kim, the founder of the startup Cipher Browser, which was acquired by Coinbase in April this year.

Toshi features:

  • ERC 20 tokens and Ethereum support
  • Airdrop and ICO tokens support
  • Purchasing and storing crypto collectibles
  • Exchange trade

Coinbase Wallet also allows users to send payments anywhere in the world, giving them access to leading decentralized exchanges and decentralized third-party applications.