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Coinbase Will Work On Business Diversification, May Include NFT

Mary Liu

Summary: Coinbase CFO Alesia Haas said in an interview with The Block that the crypto giant will focus on long-term development and continue to diversify its products.  She said: "We are focused on the long-term where we will continue to diversify our offerings, Today we are primarily investing, but interestingly enough, we’re seeing over 20% of ...

Coinbase CFO Alesia Haas said in an interview with The Block that the crypto giant will focus on long-term development and continue to diversify its products. 

She said: "We are focused on the long-term where we will continue to diversify our offerings, Today we are primarily investing, but interestingly enough, we’re seeing over 20% of users engaging with multiple products - from staking to earning, and borrowing/lending."

The CFO wants Coinbase to become an attractive platform that includes fiat to crypto trading, DeFi, and more types of transactions."

Haas also mentioned NFT, saying NFT tokens can provide the company with a new source of transaction fees and help to diversify its income. Haas did not detail when and how to offers NFT service.

By Mary Liu

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