In the early days of Bitcoin, it was common for enthusiasts to fund Bitcoin businesses themselves. This was often done through personal loans or investments, and it was relatively easy to find people willing to take a chance on this new and exciting technology.
However, as Bitcoin has become more mainstream, traditional sources of funding have become more important.
One of the most well-known Bitcoin businesses is Coinbase, which is a digital currency exchange. Coinbase was founded in 2012, and since then, it has raised over $200 million from a variety of investors.
The largest investment in Coinbase came from VC firm Andreessen Horowitz, which invested $75 million in a Series B funding round in January of 2015. Other notable investors in Coinbase include the New York Stock Exchange, USAA, and BBVA.
Coinbase has been one of the most successful Bitcoin businesses, and it has been able to attract mainstream investors. This is a positive sign for the future of Bitcoin, as it shows that there is interest from traditional financial institutions in this new technology.