Coinbase Institutional Head: Current growth comes from four main directions, aiming to become a comprehensive all-in-one crypto financial platform

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BlockBeats News, June 14 — Coinbase Institutional Sales Director John D'Agostino said Coinbase is working to migrate existing financial infrastructure from the old ledger systems of decades ago to faster, cheaper, and more stable blockchain ledgers, with the goal of becoming a full-featured integrated financial platform in the crypto industry. Coinbase’s current growth mainly comes from four areas:

Derivatives: The company acquired the world’s largest crypto options trading platform Deribit for $2.9 billion last year, and has become a market leader in this field;

Tokenized Securities: Around 20 stocks have already been tokenized and the effort is continuing to expand, and will include assets such as REITs within the scope of tokenization, with a market size of about $15 trillion;

DeFi: Coinbase has become the official USDC treasury deployment partner for the Hyperliquid platform, where about $5 billion worth of USDC yield will be used for repurchasing HYPE tokens;

Stablecoins: Will continue to deepen USDC’s coverage across on-chain markets.

John D'Agostino summarized Coinbase’s positioning as, “The safest place to custody crypto assets is our core moat, while super-fast growth comes from tokenizing everything and building universal applications.”

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