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Bitcoin broker Coinbase booked $1 billion in revenue last year — so the company has told hovering VC

Recode ---------- Coinbase, the bitcoin trading broker that has exploded in popularity as cryptocurrencies surge and nose dive, has encountered an unusual problem for a Silicon Valley startup: Too many investors are trying to get in.The six-year-old company crossed $1 billion in revenue last year, Recode has learned from industry sources, a tremendous rise fueled by layman interest in both bitcoin and competing virtual currencies that users can buy and sell through the app. To learn more click on the picture below to read the article.

Bitcoin broker Coinbase booked $1 billion in revenue last year — so the company has told hovering VCs to back off - Read More from Recode

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