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Tag: Merger and Acquisition

Coinbase Buys Bitcoin Startup Earn.com for $120 Million, Hires its CEO as Tech Chief

Category: Blockchain, Business, Finance, News, Tech

Coinbase Buys Bitcoin Startup Earn.com for $120 Million, Hires its CEO as Tech Chief

Coinbase, the largest cryptocurrency exchange in the United States, has acquired Earn.com, a blockchain-based social network portal, in a deal reportedly worth $120 million.  To date, this is Coinbase’s fifth acquisition and its biggest. Financial details were not disclosed, but TechCrunch valued the acquisition at about $120 million. As part of the deal, Coinbase hired Earn.com CEO Balaji Srinivasan as…

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