Bitwise CIO: Coinbase could become a $1 trillion company

Odaily News Matt Hougan, chief investment officer of Bitwise, tweeted that Coinbase could become a company worth $1 trillion. The regulatory restrictions of the previous government have instead built a moat for Coinbase, allowing it to maintain high profits and expand new businesses. Now that the regulatory environment has eased, Coinbase is in its best period of expansion. If the crypto market continues to grow, it is expected to become one of the world's largest financial institutions.
CEO Brian Armstrong previously stated that Coinbase holds $0.42 trillion in customer assets, equivalent to the 21st largest bank or the 8th largest brokerage firm in the United States.