The Reserve Bank of Australia has conducted detailed analysis of Bitcoin and its implications. A Senate Committee is also preparing a report on digital currencies due for release this year. Reinventure joined in the recent "Series C" fundraising round venture capital powerhouses Draper Fisher Jurvetson, Andreessen Horowitz, Robbot Capital and Union Square Ventures, all of which had participated in previous Coinbase raisings. As well as the NYSE, the raising was Japan's largest mobile phone operator NTT DoCoMo, USAA Bank, the venture arm of Spain's BBVA, Mr Pandit and former Thomson Reuters CEO Tom Glocer. It is believed the participation of USAA, BBVA and now Westpac represents the first time any global financial institutions or their VC funds have invested in Bitcoin.