they are investing in a company, not underlying technology.
Topic: NYSE invests in bitcoin ecosystem - page 4. (Read 4412 times)
very bullish
Quote from: http://recode.net/2015/01/20/bitcoin-firm-coinbase-raises-75-million-from-dfj-the-nyse-and-two-banks/
Coinbase, a software company that allows people to buy bitcoin and enables businesses to accept it as payment, has closed a giant $75 million investment. In real U.S. dollars.
The round is by far the biggest investment in a bitcoin company to date. Beyond its size, the funding is sure to make waves in financial services thanks to the participation of three industry investors: the New York Stock Exchange, USAA Bank, and BBVA, a multinational bank with a large presence in Spain and Mexico. Former Citigroup CEO Vikram Pandit also personally invested in the company.
The round is by far the biggest investment in a bitcoin company to date. Beyond its size, the funding is sure to make waves in financial services thanks to the participation of three industry investors: the New York Stock Exchange, USAA Bank, and BBVA, a multinational bank with a large presence in Spain and Mexico. Former Citigroup CEO Vikram Pandit also personally invested in the company.
Quote from: http://dealbook.nytimes.com/2015/01/20/coinbase-a-bitcoin-start-up-raises-75-million-in-vote-of-confidence/
With its latest financing round, Coinbase has also received a nod from the established financial sector. New investors in Coinbase include the New York Stock Exchange, the financial services firm USAA and the Spanish bank BBVA. Vikram S. Pandit, a former chief executive of Citigroup, and Thomas H. Glocer, a former chief executive of Thomson Reuters, also invested in the round.
Come on now, you should know by now that when good stuff like this happens, its not bullish, but instead dumps start crashing the price.
Dont get me wrong , I love BTC , but Ill give it a week to see where we are at lol.
Agreed, very bullish news. However, btc price hasn't budged a bit. It's like the collective mass just shrugged and said "Meh". Very curios.
very bullish
Quote from: http://recode.net/2015/01/20/bitcoin-firm-coinbase-raises-75-million-from-dfj-the-nyse-and-two-banks/
Coinbase, a software company that allows people to buy bitcoin and enables businesses to accept it as payment, has closed a giant $75 million investment. In real U.S. dollars.
The round is by far the biggest investment in a bitcoin company to date. Beyond its size, the funding is sure to make waves in financial services thanks to the participation of three industry investors: the New York Stock Exchange, USAA Bank, and BBVA, a multinational bank with a large presence in Spain and Mexico. Former Citigroup CEO Vikram Pandit also personally invested in the company.
The round is by far the biggest investment in a bitcoin company to date. Beyond its size, the funding is sure to make waves in financial services thanks to the participation of three industry investors: the New York Stock Exchange, USAA Bank, and BBVA, a multinational bank with a large presence in Spain and Mexico. Former Citigroup CEO Vikram Pandit also personally invested in the company.
Quote from: http://dealbook.nytimes.com/2015/01/20/coinbase-a-bitcoin-start-up-raises-75-million-in-vote-of-confidence/
With its latest financing round, Coinbase has also received a nod from the established financial sector. New investors in Coinbase include the New York Stock Exchange, the financial services firm USAA and the Spanish bank BBVA. Vikram S. Pandit, a former chief executive of Citigroup, and Thomas H. Glocer, a former chief executive of Thomson Reuters, also invested in the round.
Jump to: