Odaily News Mitchell Askew, chief analyst at Bitcoin mining company Blockware Solutions, said that Coinbase’s stock COIN may become an “index play” for traditional financial (TradFi) companies seeking to gain broad exposure to the cryptocurrency field. Mitchell Askew said yesterday while participating in X Space: “I think TradFi may view COIN as an index play for cryptocurrencies because they have so many different types of vertical markets now.” He added: “One might say, I bought some Bitcoin and I didn’t really know what other assets to pick and Coinbase felt like a pretty safe index investment.” (Cointelegraph)