Coinbase Rumored to Be Raising Industry's Largest Funding Round

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Coinbase is rumoured to be in the midst of another funding round, attempting to raise up to $60m with a company valuation of $400m.

The US-based company, which provides bitcoin wallets and merchant services, is expected to take on investment from venture capital firm DFJ and is looking to raise $40-60m, according to Re/Code . CoinDesk has contacted Coinbase, but is yet to receive a response. DFJ has declined to comment.

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