Bitcoin services provider Coinbase announced today that it had closed a $75m Series C funding round from a host of notable investors – to date the largest round raised by any company in the industry.
Following the news, a number of the investors offered comment on the funding round and provided insight into the motivations behind the participation of their respective firms.
Unsurprisingly, most framed the funding as good news for bitcoin, the industry as a whole and for the technology to spread to new markets:
Other investors including Andreessen Horowitz, DoCoMo and USAA, as well as former Citigroup CEO Vikram Pandit and former Thomson Reuters CEO Tom Glocer have yet to comment on the news.
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