Coinbase’s Future Valuation Predicted to Reach $1 Trillion
- Matt Hougan is the Chief Investment Officer at Bitwise Asset Management.
- Hougan predicts Coinbase will become a $1 trillion company.
- The prediction follows Coinbase’s acquisition of Deribit.
- Coinbase is listed on Nasdaq under the ticker COIN.
- Hougan expressed strong confidence in Coinbase’s strategic direction.
Matt Hougan, CIO at Bitwise Asset Management, believes that following its acquisition of Deribit, Coinbase could reach a valuation of $1 trillion. He expressed strong confidence in the company’s strategic moves and future growth potential.
Source (2.6)https://news.bitcoin.com/coinbase-will-be-1-trillion-company-says-bitwise-cio/?rand=52384