Coinbase targets 10 Billion Dollar funds for bitcoin investment in coinbase custody

in #coinbase • 7 years ago

Coin base CEO just announced that they are creating a coin base custody for their institutional investors
Armstrong further believes that the finance market currently has over $10 billion in institutional money which has been sitting on the side.
Their investors are looking for a secured way to invest money in cryptocurriencies
In the long-term, Armstrong further emphasized that Coin base will focus on facilitating the investment of institutional money into the Bitcoin market, with its capital and strong teams of developers.
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#funding #bitcoin #coinbasecustody #investment
7 years ago in #coinbase by
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