Wall Street Makes a Bet on Bitcoin: NYSE Part of Historic Funding for Coinbase

NEW YORK (InsideBitcoins) – A Wall Street icon just brought bitcoin into the big leagues. Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that its wholly-owned subsidiary, The New York Stock Exchange, is part of a record-setting $75 million investment in Coinbase, the high profile bitcoin wallet and trading platform.
‘This marks the first time that financial institutions have made a major investment in a Bitcoin company.’
Other investors in the Series C funding round include financial services leader USAA, BBVA, the second largest bank in Spain, and Japanese telecom giant DoCoMo.
San Francisco-based Coinbase was established in 2012 and hosts over 2.1 million consumer wallets and serves 38,000 merchants.

This post was published at Inside Bitcoins on Jan 20, 2015.