Coinbase Investing $500,000,000 in ‘Diverse Portfolio’ of Bitcoin and Crypto Assets

Per The Daily Hodl - fa 2 anys - Temps de lectura: 2 minuts

Coinbase Investing $500,000,000 in ‘Diverse Portfolio’ of Bitcoin and Crypto Assets

Coinbase CEO Brian Armstrong says that the cryptocurrency exchange will purchase digital assets worth more than half a billion dollars to add to its existing holdings.

Armstrong diu that Coinbase will be allocating 10% of its quarterly profits toward the purchase of crypto assets in the future.

 

“We recently received board approval to purchase over $500 [million] of crypto on our balance sheet to add to our existing holdings. And we’ll be investing 10% of all profit going forward in crypto. I expect this percentage to keep growing over time as the cryptoeconomy matures.”

In a new blog post, Coinbase says that the list of cryptocurrencies it will afegir to its balance sheet includes Bitcoin and Ethereum along with other digital assets that are supported by the exchange.

“This means we will become the first publicly-traded company to hold Ethereum, Proof of Stake assets, DeFi tokens, and many other crypto assets supported for trading on our platform, in addition to Bitcoin, on our balance sheet.”

The popular crypto exchange also says it will be a long-term holder and will only sell its crypto assets under special circumstances.

“We are long-term investors and will only divest under select circumstances, such as an asset delisting from our platform.”

Coinbase says it will purchase the crypto assets away from the exchange to prevent conflict-of-interest issues with users.

“All trades will be executed via our over the counter desk or away from our exchange to avoid any conflict of interest with our customers.”

No et perdis un ritme - Subscriu-te per rebre alertes de correu electrònic de criptografia directament a la safata d'entrada

Segueix-nos a Twitter, Facebook i telegram

Navegar El Daily Hodl Mix 

 



Consulteu els darrers titulars de notícies



Exempció de responsabilitat: les opinions expressades a The Daily Hodl no són consells d’inversió. Els inversors haurien de fer la seva diligència deguda abans de realitzar inversions d’alt risc Bitcoin, moneda digital o actius digitals. Tingueu en compte que les vostres transferències i operacions són sota el vostre propi risc i que qualsevol pèrdua que pugueu patir és responsabilitat vostra. The Daily Hodl no recomana la compra o venda de cap criptomoneda o actiu digital, ni The Daily Hodl és un assessor d’inversions. Tingueu en compte que The Daily Hodl participa en el màrqueting d’afiliació.

Imatge destacada: Shutterstock / Blue Planet Studio

El lloc Coinbase Investing $500,000,000 in ‘Diverse Portfolio’ of Bitcoin and Crypto Assets aparèixer per primera vegada en El diari Hodl.

Font original: El diari Hodl