Coinbase Quietly Becomes a Banking Giant—Now Bigger Than Most US Banks
- Coinbase holds $420 billion in assets.
- It is the largest publicly traded cryptocurrency exchange in the U.S.
- CEO Brian Armstrong envisions a crypto-dominated financial future.
Coinbase has expanded its role significantly, now holding $420 billion in assets, surpassing many traditional banks. CEO Brian Armstrong sees this as a step towards a unified financial system powered by cryptocurrency.
Source (2.6)https://news.bitcoin.com/coinbase-quietly-becomes-a-banking-giant-now-bigger-than-most-us-banks/?rand=52384
