Coinbase CEO: Platform Currently Custodies Over 12% of Global Cryptocurrency Assets

BlockBeats News, March 9th, Coinbase CEO Brian Armstrong posted on social media, saying, "Coinbase serves thousands of financial institutions. We have been serving institutional clients for over a decade, which is also why we can custody over 12% of the world's crypto assets and most of the US spot crypto ETFs."

Source

Correction/Report

RelatedRecommended

Coinbase State of Compliance Report: The Status, Risks, and Valuation of the U.S. Compliance-Focused Exchange

Memoirs of a Coinbase Startup

Coinbase CEO: Talk about some of the regulatory challenges that encryption faces right now

The financial system is badly in need of modernization, and Crypto is one of the technologies that can help achieve this goal. Hopefully, the United States will establish regulations and laws regarding Crypto.

Data survey: the Coinbase Effect or the Coinbase curse?

A year after Coinbase launched its tokens, 91 percent trailed Ethereum and 70 percent trailed Bitcoin.

Will Coinbase benefit from Binance’s admission of fine?

Coinbase shares hit 18-month high, what will Coinbase face after Binance reaches settlement with U.S. regulators?

On-Chain Activity