Coinbase, a leading cryptocurrency exchange, has always been one of the highlights of the cryptocurrency space. The platform has yet again taken the spotlight with news of its venture fund investing in another blockchain project, Matic Network.

Coinbase Ventures is an early-stage venture fund launched by Coinbase in April 2018. This venture fund was launched mainly to focus on funding/ investing blockchain and cryptocurrency projects, with its first investment reported to be Compound Ventures, an Ethereum-based project.

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