Fenwick & West represented Coinbase, one of the world’s leading digital currency companies with support for Bitcoin, Ethereum and Litecoin in 32 countries, in its $100 million Series D financing. IVP led the latest round with participation from Spark Capital, Greylock Partners, Battery Ventures, Section 32 and Draper Associates.
The company will use the funds to increase its engineering and customer support teams, open a GDAX office in New York City and invest in To shi. More information about Coinbase’s $100 million Series D financing can be obtained from the company blog post.
The Fenwick transaction team was led by corporate lawyers Mark Stevens, Faisal Rashid, Jordan Roberts and Victoria Wong.