Coinbase Acquires Blockspring Data Collection Startup,

Coinbase, one of the largest crypto exchanges in the world, has acquired a San Francisco-based data collection startup called Blockspring. The company collects data and makes it consumed by customers through the API. This helps companies build prospect lists, automate marketing reports, and integrate data directly into their websites. Coinbase, which is worth $ 8 billion, does not disclose the money spent on acquisitions. Blockspring collected $ 3.5 million in seed rounds led by Andreessen Horowitz in 2015. Blockspring will continue to operate as an individual company, and continue to serve its customers.