Coinbase, once known primarily as a retail crypto exchange, now dominates institutional crypto custody with $404 billion in assets under management (AUM) as of Q4 2024 .
This positions it as the largest crypto custodian globally, managing nearly 15% of the total crypto market cap. Clients range from MicroStrategy and BlackRock to the U.S. government, which uses Coinbase to custody seized Bitcoin .
This custodial dominance mirrors traditional finance giants like JPMorgan ($700B market cap) but with a blockchain-native twist: Coinbase blends centralized trust with decentralized infrastructure.
For instance, its smart wallet technology silently onboards users to DeFi through integrations like Morpho, allowing Bitcoin-backed loans directly within its app.
Base: The Silent Growth Engine
Coinbase’s Layer-2 blockchain, Base, has become a linchpin of its ecosystem strategy. Launched in 2023, Base now hosts 55% of all active addresses across Ethereum Layer-2 networks and generate
We współpracy z: https://www.thecoinrepublic.com/2025/04/30/how-coinbase-is-building-a-crypto-ecosystem-to-rival-big-tech/
