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According to the CEO of CoinbaseBrian Armstrong, 5 billion people are expected to be dealing with crypto-currencies in one way or another. Currently, the number of people using crypto-currencies such as Bitcoin and Ethereum is estimated at 4 million and could reach 5 billion over the next five years.
In an interview with Tech Crunch, Armstrong predicted that the number of people adopting digital currencies would increase dramatically. Massive growth would be the result of business organizations developing tokens every day.
Armstrong's logic
The executive of Coinbase believes that it is reasonable for a company to develop its own token. In his opinion, most open source projects, charities and other funds would focus on decentralization and create a token to work better. When this happens, the size of the cryptographic space increases and becomes dynamic.
With respect to regulation, he asserted that it was an important aspect in achieving his vision for Coinbase. For him, regulation remains "an open question" and it remains to be seen whether governments will recognize most of these chips as titles. In the future, the Coinbase platform could list hundreds of chips in the coming years and even add millions in the future.
Coinbase Acquisitions
In order to position itself for crypto-security trading, Coinbase acquired Keystone Capital Corp., which now joins Venovate Marketplace and Digital Wealth. These acquisitions are intended to better position Coinbase as more tokens become titles and enhance the business experience of its users. In addition, the acquisitions could help Coinbase manage non-cryptographic financial elements.
Recently, Coinbase announced the launch of new UK trading pairs where investors could now use the pound sterling to trade. In addition to Bitcoin, UK investors can now use the pound to trade Ethereum, Litecoin, Bitcoin Cash and Ethereum Classic. It seems that this trading platform wanted to leave a mark on crypto-space by developing worldwide in the future.
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