Coinbase becomes first Bitcoin startup to hit $1bn valuation
Digital currency exchange Coinbase has become first Bitcoin startup to achieve a valuation of over $1 billion after it raised $100 million in a funding led by Institutional Venture Partners. Coinbase has raised over $217 million since its launch in 2012. Coinbase facilitated almost $15 billion in exchange of digital currencies such as Bitcoin and Ethereum in 2017's first half.  