16-04-2018 18:00 via feedproxy.google.com

Coinbase buys Earn.com and makes CEO Balaji Srinivasan its first CTO

Coinbase,the prominent cryptocurrency exchange, has announced its most significant piece of M&A to date after it agreed to buy Earn.com, the U.S. startup that uses the blockchain for its paid-email service, in a deal worth more than $120 million. In addition, Coinbase has appointed Earn.comco-founder and CEO Balaji Srinivasan as its first CTO, while the rest of the team will transition over, too.
The deal doesn’t come as a complete surprise as Coindesk reported last month tha
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