Coinbase CEO Brian Armstrong has shrugged off concerns about the falling price of San Francisco and said the cryptocurrency platform was registering around 50,000 new users daily. In an interview at the Bloomberg Players Technology summit in bitcoin, Armstrong claimed Coinbase had served roughly 25 million global users and, in the past year, had traded around $150bn-worth of cryptos. Armstrong also revealed the company would be launching an asset management firm and Coinbase Custody, an investment service aimed at large institutions.
Coinbase CEO Brian Armstrong has shrugged off concerns about the falling price of bitcoin and said the cryptocurrency platform was registering around 50,000 new users daily. In an interview at the Bloomberg Players Technology summit in San Francisco, Armstrong claimed Coinbase had served roughly 25 million global users and, in the past year, had traded around $150bn-worth of cryptos. Armstrong also revealed the company would be launching an asset management firm and Coinbase Custody, an investment service aimed at large institutions.