Coinbase Reaches $420 Billion in Assets, Rivals Top US Banks
- Coinbase holds $0.42 trillion in assets for customers.
- This asset level positions Coinbase as the 21st largest bank in the US by total assets.
- As a brokerage, Coinbase ranks as the 8th largest by assets under management (AUM).
- Stablecoin payments reached about $30 trillion last year.
- CEO Brian Armstrong highlights the blurring lines between Coinbase and traditional financial providers.
Coinbase’s asset holdings of $0.42 trillion place it among the top US banks and brokerages, with CEO Brian Armstrong noting its growing role in both investment and payment services.
Source (2.6)https://dailyhodl.com/2025/02/07/coinbase-crosses-420000000000-in-assets-as-ceo-brian-armstrong-ranks-crypto-exchange-among-top-us-banks/?rand=59076
