Press Release – SAN FRANCISCO, CA (June 20, 2018) – Peter Thiel, Coinbase, GSR.io, Distributed Global, and 40 other funds and angels, have invested $5 million collectively in a seed round for Reserve, a developmental-stage stable-value cryptocurrency project based in the San Francisco Bay Area founded by Nevin Freeman, a technology and media entrepreneur, and Matt Elder, an engineer with a background in formal verification.