News by FinTech Collective

Subscribe

Contributors

Abdul Abdirahman
Adi Levanon

Director of Investments @ FinTech Collective
Anna Kirk
Brooks Gibbins
Carlos Alonso Torras
Cristobal de Atucha
Daniel McAuley

MBA Candidate, The Wharton School
Doug Binder

Software Engineer at Fintech Collective
Emma Ford
Faisal Kawar

Principal
Gareth Jones

Co-Founder, FinTech Collective
Gustaf Ericson
Jack Storrs
Jacob Katz

Summer Associate
Jenn Kalidoss
Kate Wang
Keenan Burgess

Operations Associate
Louden Richason
Matthew Levinson
Nico Carrara
Parker Jay-Pachirat
Paul Barskiy
Ricardo Rosales
Ryan Todd
Samantha Wulfson
Sarah Wolter
Sean Lippel
Travis Skelly
William Ziesing
Zein Dayekh

News by FinTech Collective Archive

Coinbase is in advanced talks to acquire Xapo

Sean Lippel

May 16, 2019

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sean Lippel

Crypto custodial solution Xapo is likely to be acquired for $50m plus an earn-out by Coinbase - the company is reported to have nearly $5.5b in assets, or 700k bitcoin, under custody.

{

Xapo’s set of top-tier backers included top Silicon Valley VC firms such as Greylock Partners and Index Ventures as well as crypto investment firms Digital Currency Group, Winklevoss Capital and Blockchain Capital. Individuals including Max Levchin and David Marcus, currently head of Facebook’s cryptocurrency initiative, are also investors.

https://www.theblockcrypto.com/2019/05/16/coinbase-in-advanced-talks-to-acquire-xapo-sources/?utm_source=newsletter-free&utm_medium=email&utm_campaign=2019-05-16

More posts by Sean Lippel

Balancer Labs Partners with Key Investors in $24.25M Token Purchases to Accelerate Growth of Balancer Protocol

Balancer Labs Partners with Key Investors in $24.25M Token Purchases to Accelerate Growth of Balancer Protocol

Sean Lippel

How $600 billion could move Into Bitcoin: JP Morgan strategist

How $600 billion could move Into Bitcoin: JP Morgan strategist

Sean Lippel

TradeBlock's analysis of Ethereum gas fees and DEX costs

TradeBlock's analysis of Ethereum gas fees and DEX costs

Sean Lippel

Blockchain services firm Diginex is going public

Blockchain services firm Diginex is going public

Sean Lippel

Podcast Conversation: The future of DeFi with MakerDAO and Lucas Vogelsang, CEO of Centrifuge

Podcast Conversation: The future of DeFi with MakerDAO and Lucas Vogelsang, CEO of Centrifuge

Sean Lippel

Recent posts from News by FinTech Collective

Mattilda secures $14m in additional debt funding

Mattilda secures $14m in additional debt funding

Cristobal de Atucha

Wagestream raises £17.5m in new funding

Wagestream raises £17.5m in new funding

Samantha Wulfson

Pliant raises $19m in Series A funding

Pliant raises $19m in Series A funding

Samantha Wulfson

GovDash raises $10m in Series A funding

GovDash raises $10m in Series A funding

Samantha Wulfson

Aark raises $6m in Seed funding

Aark raises $6m in Seed funding

Samantha Wulfson

repost cancel

As a free user, you can like posts.

To repost this post to your own Passle blog, you will need to upgrade your account.

For plans and pricing, please contact our sales team at sales@passle.net

Sorry, you don't have permission to repost or create posts.

cancel