Coinbase and others invest $12.75M in project to create ‘digital security offerings’118.76

Coinbase, the $8 billion crypto exchange giant, is one of a bevy of big name crypto investors backing a project aimed to revolutionize the U.S. securities industry using blockchain technology.

Brian Armstrong, Coinbase CEO, told the audience at TechCrunch’s Disrupt event in San Francisco this past September that his company intends to be the de facto marketplace for buying and trading crypto securities. Now Coinbase Ventures — its VC arm — has backed a startup that intends to help create demand in the market for such a security product.

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