Channel: Forbes

Category: News & Politics

Tags: nft forbes digital assetscoinbaseworld of womenforbes cryptoforbesazukis

Description: Last week, Coinbase, the largest cryptocurrency exchange in the U.S., finally launched its long-awaited marketplace for digital collectibles. The platform, first announced in October, became available for a small number of users (from a waitlist of 3 million), with more to be added over the coming weeks. One of the companies who help power that is San Francisco-based decentralized exchange infrastructure provider 0x Labs, who just closed a $70 million Series B financing round led by Greylock Partners at an undisclosed valuation. Revealed exclusively to Forbes, the round also included investors such as Pantera, Jump Capital, OpenSea, and Jared Leto. Previously, 0x raised $24 million in a ZRX token sale in 2017 and $15 million in a Series A equity round, led by Pantera Capital. America’s largest cryptocurrency exchange, Coinbase, which last week launched its own NFT marketplace powered by 0x’s technology, also participated in the raise. Read the full stories on Forbes: forbes.com/sites/ninabambysheva/2022/04/20/crypto-exchange-coinbase-launches-its-much-anticipated-nft-marketplace/?sh=389cc87c4177 forbes.com/sites/ninabambysheva/2022/04/26/coinbase-nft-partner-0x-labs-raises-70-million-from-greylock-partners-jump-crypto-and-jared-leto Subscribe to FORBES: youtube.com/user/Forbes?sub_confirmation=1 Stay Connected Forbes newsletters: newsletters.editorial.forbes.com Forbes on Facebook: fb.com/forbes Forbes Video on Twitter: twitter.com/forbes Forbes Video on Instagram: instagram.com/forbes More From Forbes: forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.