US cryptocurrency exchange Coinbase received the majority of its $300 million 2018 funding round from a fund owned by the Singapore government, anonymous sources have revealed. GIC Private Surprise Funding Round Participant Speaking to Bloomberg, people “familiar” with the details of the fundraising deal said that GIC Private Limited (formerly Government of Singapore Investment Corporation), invested in the company. Officially announced last October, Coinbase said its Series E cash injection had come from the likesRead MoreThe post Singapore Sovereign Wealth Fund Invests in Cryptocurrency Exchange – Report appeared first on Bitcoinist.com.
