Bitcoin wallet Coinbase now has an official iOS app

TECHNOLOGY

Bitcoin


Coinbase, the Andreessen Horowitz-backed Bitcoin wallet, now has an official iOS app.

Today, the company announced it has “acquired and taken over development” of the app developer Andrew Vilcsak has been working on using Coinbase’s open source code, making it its first official app on iOS. It’s had an Android wallet since March 2013.

Coinbase didn’t share much about the app or the terms of the deal, except that it will be releasing an updated version of the app, but the current version of the app can already be downloaded from the Apple App Store as the company’s app.

Apple only recently allowed such wallets in its App Store, announcing in June that “approved virtual currency” apps were now accepted. Nevertheless, Coinbase’s app already has competition from others such as Blockchain and Circle.

A month ago, rumors emerged that Coinbase is currently raising between $ 40 million and $ 60 million in new funding. The two-year-old company raised $ 25 million in December 2013. Coinbase is based is San Francisco.


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