GDAX Announces New Investment
We are excited to announce that GDAX’s parent company, Coinbase, has raised $100 million in Series D funding. The round was led by IVP, with participation from Spark Capital, Greylock Partners, Battery Ventures, Section 32 and Draper Associates.
Over the last year, GDAX has experienced unprecedented growth. We will use this new funding to continue scaling our exchange and building out our engineering, sales, and customer operations teams. We will also open an office in New York City this year, further investing in our ability to serve institutions and professional traders as the most trusted digital asset exchange.