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Coinbase CEO — Institutions Now Invest $200-400M a Week in Crypto

From coinfomania.com

The wait for institutional investors to arrive the crypto space ended a little while ago according to recent statements made by Coinbase CEO Brian Armstrong, who currently heads one of the biggest crypto exchanges in the United States. Armstrong revealed in a tweet Friday, that Coinbase’s custody unit receives at least $200-400 million deposits per week from institutional investors. According to him, the argument that regarding whether or not institutional investors can fully adopt cryptocurrencies should be put to rest. “Whether institutions were going to adopt crypto or not was an open question about 12 months ago. ... (full story)

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