Coinbase, one of the largest exchanges in the cryptocurrency sector, is now an institution in terms of size and reliability, at least on paper, but that is not enough to stop the scrutiny sparked by balance sheet fears following the FTX and Alameda Research case.
Shareholders and investors are not shying away from putting anyone under the magnifying glass when it comes to business, and Coinbase is also under scrutiny especially from institutional investors.
To calm things down, CEO Brian Armstrong wanted to personally intervene with some statements emphasizing the quality of Coinbase’s fundamentals.
Coinbase is publicly traded and because of this is subject to a whole series of very stringent controls by Wall Street, regulators, and the state.
The corporate composition and the controls implemented put FTX and Coinbase on two totally different and not comparable planes.
Both in terms of balance sheets and the laws to which the two companies must adhere there are macroscopic
We współpracy z: https://en.cryptonomist.ch/2022/11/22/point-about-coinbase/
