With its shiny new $8 billion valuation, Coinbase is now worth more than all but the top three cryptocurrencies that trade on the platform. That’s right, the only cryptocurrency assets that are worth more than the platform that trades them are Bitcoin, Ethereum and Ripple.Coinbase, the leading U.S.-based cryptocurrency exchange, recently raised $300 million at a valuation of $8 billion. Armstrong’s stake in the company is worth a reported $1.3 billion, according to Forbes.
In less than eight months, Zhao grew Binance into the world’s largest cryptocurrency exchange by trading volume, as of April 2018. In February 2018, Forbes Magazine placed him third on their list of “The Richest People In Cryptocurrency”. As of September 2018, his net worth is estimated at $1.4 billion.