Coinbase Custody is now the #1 crypto custodian for institutions! https://blog.coinbase.com/coinbase-custody-acquires-xapos-institutional-business-becoming-the-world-s-largest-crypto-2c1b46fc94c4 … Excited to carry on the torch with Xapo's institutional business, one of the great early crypto companies.
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 now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers.
Trusted/safe infrastructure for institutions is just one small step on the journey to building the #cryptoeconomy.
You can follow @brian_armstrong.
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