Coinbase CEO Brian Armstrong shared insights into the company's journey, highlighting the crucial role of banking partnerships in its success. Armstrong discussed pivotal moments, including competitive strategies in the U.S. market and defensive measures against North Korean hackers. He also touched on the influence of U.S. elections and the GENIUS Act on the crypto landscape, as well as the growing acceptance of crypto by banks. Notably, Armstrong revealed he initially opposed investing in USDC, a decision that nearly cost Coinbase a significant opportunity, and discussed the successful development of L2Base. Looking ahead, he predicts that within five to ten years, most wealth management firms or sovereign funds will allocate 1%-10% of their portfolios to crypto assets.
Coinbase CEO Brian Armstrong Reveals Key Success Factors and Challenges
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