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Coinbase Asset Management President: US revaluation of gold may prompt the US Treasury to purchase Bitcoin in advance
2025-04-29 16:19:12

Odaily News Sebastian Bea, president of Coinbase Asset Management, recently said on The Scoop that if the U.S. government reassesses the gold-dollar exchange rate, it may accelerate its purchase of Bitcoin. He pointed out that Bitcoin is shifting from a high-volatility technology asset to a gold-like value storage tool, a trend that has attracted more institutional attention and portfolio integration. Bea emphasized that the growing institutional interest in Bitcoin marks its maturity as an asset class. (The Block)