Coinbase Launches its Own Venture Fund – Big Things to Come

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Coinbase, the U.S’s largest cryptocurrency exchange that pulls in $2.7 million USD a day, just announced a huge move for their company today on CNBC’s Fast Money. The exchange’s COO and President, Asiff Hirji, debuted on the popular segment to announce his company’s latest endeavor.

The exchange will be launching their own venture fund, focusing primarily on early seed stage startup companies aligned with Coinbase’s values. The COO said that the first step in this Coinbase fund will be around $15 million. Hirji specifically states that they will not be putting any money into tokens, as …

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