Coinbase CEO: Cryptocurrencies will become a standard asset in every diversified investment portfolio.

According to BlockBeats news on February 21st, Coinbase CEO Brian Armstrong stated that "every institution is now starting to hold cryptocurrencies, and this asset class will become a standard component of every diversified investment portfolio." Additionally, Armstrong pointed out that institutions will eventually use cryptocurrencies in other ways, such as holding them on their balance sheets, paying suppliers, and issuing salaries.