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Polychain CEO Believes Coinbase's IPO Will Improve Legitimacy For The Entire Crypto Market
Summary: Olaf Carlson-Wee, CEO of Polychain Capital, stated that the Coinbase IPO will increase the legitimacy of the entire crypto market, and Wall Street analysts will be impressed by Coinbase's financial performance, according to the latest podcast of The Block. Data from the Coinbase website shows that its platform assets have exceeded $90 billion, Carlson-Wee added: "It is ...
Olaf Carlson-Wee, CEO of Polychain Capital, stated that the Coinbase IPO will increase the legitimacy of the entire crypto market, and Wall Street analysts will be impressed by Coinbase's financial performance, according to the latest podcast of The Block.
Data from the Coinbase website shows that its platform assets have exceeded $90 billion, Carlson-Wee added: "It is a very big business. It has grown very fast. And it has real lasting power and real moats and everything. You can't ignore it, right, if you are in the traditional financial sector. It is one thing you can't just brush off as 'oh, that's all just hot air' as many people have said about Bitcoin."
By Mary Liu
Tags: Coinbase,Crypto Market,IPO,Olaf Carlson-Wee,Polychain Capital,Wall Street
Link: Polychain CEO Believes Coinbase's IPO Will Improve Legitimacy For The Entire Crypto Market [Copy]
