Coinbase, a San Francisco-based provider of a digital wallet and payment solutions for Bitcoin, has raised $5m in VC funding.
Union Square Ventures, an early stage venture capital firm based in New York City, led the round, and was joined by Ribbit Capital, backed by serial entrepreneur Meyer “Micky” Malka.
Malka founded or invested in Bling Nation, Meck, Banco Bracce, Peixe Urbano and Wonga.