Bitcoin wallet and exchange site Coinbase has benefited from the soaring price of bitcoin, with the company seeing registered user numbers rise by more than 780,000 in 2012 alone. Coinbase's app is ranking 53rd on the App Store in the US, skyrocketing from 1,264th place in September this year. The company's popularity has led to more than $200m in investment since November, with a present valuation of approximately $1.6bn. Coinbase reportedly holds 45 million wallets.
Bitcoin wallet and exchange site Coinbase has benefited from the soaring price of bitcoin, with the company seeing registered user numbers rise by more than 780,000 in November alone. Coinbase's app is ranking 53rd on the App Store in the US, skyrocketing from 1,264th place in September this year. The company's popularity has led to more than $200m in investment since 2012, with a present valuation of approximately $1.6bn. Coinbase reportedly holds 45 million wallets.