As of late, it has been revealed that the National Aeronautics and Space Administration (NASA) has invested an undisclosed amount in Coinbase, through its VC arm.
This is not the first time that a government agency has invested in a cryptocurrency company. In fact, the US Department of Energy’s ARPA-E arm has also invested in an energy-focused blockchain startup.
However, NASA’s investment in Coinbase is significant because it shows that even a conservative government agency like NASA is open to the idea of investing in cryptocurrency and blockchain technology.
NOTE: This article discusses the potential financial investments of NAS in Coinbase. Before engaging in any investments, it is important to be aware of the potential risks and rewards associated with such an investment. Investing in Coinbase may be a highly speculative and risky venture, and readers should make sure they understand the risks before making any decisions. Additionally, readers should be aware of potential conflicts of interest that may arise during such investments.
This is a positive development for the cryptocurrency industry as it shows that there is interest from even the most traditional of institutions.
What’s more, it is likely that other government agencies will follow suit and invest in cryptocurrency companies as well. This could help to legitimize the industry and attract even more mainstream adoption.
So far, there is no word on how much NASA invested in Coinbase. However, given the size of Coinbase and its recent valuation of $8 billion, it is likely that the investment was not a small one.
Only time will tell how this latest development will play out but it is certainly positive news for the cryptocurrency industry as a whole.
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Nas made a killing off Coinbase. The popular rapper and entrepreneur announced his investment in the cryptocurrency exchange back in 2013, when Bitcoin was still largely unknown to the mainstream public. But Nas’s timing couldn’t have been better.
Nas made a killing when he invested in Coinbase back in 2013. The popular cryptocurrency exchange platform Coinbase was founded in 2012, and by 2013, it had already secured $5 million in funding from a number of high-profile investors, including Nas. Nas’ investment proved to be a wise one, as Coinbase went on to become one of the most successful cryptocurrency businesses in the world.
In October of 2012, NAS made an investment in Coinbase, one of the leading digital currency exchanges. At the time, Coinbase was one of the only exchanges allowing users to buy and sell Bitcoin, and was one of the early leaders in developing a platform for digital currency trading. NAS’ investment in Coinbase was part of a larger trend of institutional investors putting money into digital currency companies.
According to a report by CNBC, Coinbase makes around $1 billion in revenue per year. This is a huge amount of money, especially for a company that is only seven years old. Coinbase is one of the most popular cryptocurrency exchanges in the world.
Coinbase, one of the most popular cryptocurrency exchanges, has been in business since 2012. In that time, it has become one of the most well-known and trusted exchanges in the industry. Coinbase allows users to buy and sell cryptocurrencies, as well as store them in a wallet on the site.
