Express

Coinbase Says Its Client Base Has Increased to 35 Million

Lily Yang

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

Last Update:

Tags: ,,
Link: Coinbase Says Its Client Base Has Increased to 35 Million   [Copy]
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 1 hour ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 12 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago
  • You need to login to comment.