Brian Armstrong likens Coinbase to major US banks and brokerages
@brian_armstrong: Coinbase compared to top US banks
Brian Armstrong, CEO of Coinbase, recently provided an enlightening comparison of his company to both US banks and brokerages.
According to Armstrong, if Coinbase were considered a bank, it would rank as the 21st largest in the US with approximately $0.42 trillion in assets under management. Alternatively, if viewed as a brokerage, the platform would secure the position of the 8th largest by assets under management. This dual perspective highlights Coinbase's growing significance in both financial and crypto spaces.
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