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

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

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…

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