Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week

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On the back of its part acquisition of Xapo’s clients, the U.S. exchange identified the beginning of an adoption curve. Bitcoin (BTC) adoption by institutions has gone from a myth to fact in the past year, the CEO of major cryptocurrency exchange Coinbase has said. ‘We know the answer’ about adoption: ArmstrongSpeaking on Twitter Aug. 16, Brian Armstrong said that 2019 had formed the year of reckoning for institutional Bitcoin uptake, with the trend now obvious. He wrote: “Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it’s safe to say we…
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Coinbase CEO: Institutions Depositing 0-400M Into Crypto Per Week

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