Westpac invests in bitcoin startup
Reinventure, a $50 million VC fund whose largest investor is Westpac, has made a "strategic investment" in bitcoin-focussed startup Coinbase.
Reinventure, a $50 million VC fund whose largest investor is Westpac, has made a "strategic investment" in bitcoin-focussed startup Coinbase.
Bitcoin wallet provider Coinbase will launch the first U.S. licensed exchange for the digital currency on Monday, according to a Wall Street Journal report.
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Coinbase, one of the more prominent exchanges for buying and selling bitcoins, is opening up wider access to the digital currency in Europe.
Online payments platform Braintree will start processing Bitcoin transactions, allowing merchants to accept payments in the crypto-currency.
Bitcoin: What is it, really? A digital currency? An investment? An Xbox game? For many people it's not clear, but that hasn't stopped venture capitalists from going gaga over it.