Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: mlawson71 on March 18, 2021, 07:18:58 PM
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According to the crypto-analytic platform Messari, Coinbase, which is based in San Francisco, owned about 11% of the global cryptocurrency assets in 2020. Global interest in the company has been rising in recent years, but that skyrocketed during the COVID pandemic in 2020.
According to the same report, the value of the cryptocurrency funds owned by Coinbase reached a staggering 90 million US dollars in Q4 of 2020. Coinbase currently offers about 90 cryptocurrencies to its clients.
The most popular are, obviously, Bitcoin and Ethereum, and those two account for about 83% of the company’s digital assets. In 2020 Bitcoin accounted for about 70% of their digital assets.
Source (https://theforexreview.com/2021/03/02/coinbase-current-global-crypto-custody-at-11/)
Between that and Coinbase’s plans for a public listing, I would say they have had a pretty good year, as did the entirety of the crypto industry, unlike a lot of other industries, unfortunately.