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Coinbase Says Its Client Base Has Increased to 35 Million
Summary: The mid-year review released by crypto exchange Coinbase shows that the San Fransico-based exchange now has 35 million retail and institutional clients, which increased from 30 million at the beginning of the year. While retail traders continued to grow, “many larger and more conservative institutional investors” are entering the crypto market, the report stated. According ...
The mid-year review released by crypto exchange Coinbase shows that the San Fransico-based exchange now has 35 million retail and institutional clients, which increased from 30 million at the beginning of the year.
While retail traders continued to grow, “many larger and more conservative institutional investors” are entering the crypto market, the report stated.
According to the Coinbase, “a noticeable uptick” was found in the trading volume of digital assets among institutional business, university endowments, traditional multi-strategy hedge funds, VCs, and large family offices.
Coinbase plans to scale its credit programs across fiat and crypto, as well as expanding various business lines and developing the capability of liquidity’s cross-pool trade.
By Lily Yang
Tags: Coinbase,Exchange,Trade
Link: Coinbase Says Its Client Base Has Increased to 35 Million [Copy]
