Odaily News Coinbase’s venture capital arm continues to invest in 2023 and is “increasingly optimistic” about the future. A spokesperson for Coinbase Ventures said: “Our view is that 1) increased regulatory transparency (primarily outside the United States), 2) maturity of protocol infrastructure, 3) institutional participation, and 4) user interaction with on-chain products Innovation in our approach, the convergence of these factors sets the stage for a bright future in 2024. Our commitment is global and unwavering, and we expect investment activity to grow in 2024. Coinbase Ventures will continue to invest in companies that will accelerate The next batch of 1 billion users are introduced to areas on the chain, including crypto infrastructure and consumer applications such as social networking and gaming, and also see opportunities to combine the artificial intelligence and cryptocurrency fields. The company will also look to expand support for Base team building through the Base Ecosystem Fund. (The Block)