In spite of the short-term negative trends, Coinbase remains positive about the future. The company is making bold acquisitions and launching new institutional products since January 2018.
On June 27 the CEO Coinbase, Brian Armstrong, announced the launch of a new cryptocurrency powered charity called Givecrypto.org. The fund will provide donations made in cryptocurrency to people in need.
David Marcus, Vice President of Messaging Products at Facebook, joined the board of directors of Coinbase, the world’s largest cryptocurrency exchange.
Members of the bitcoin community, including investors and executives, are having a huge impact on the future of the industry, promoting awareness and mainstream adoption.
Coinbase has raised $75 million in Series C financing, the largest funding round to date for a Bitcoin company.
Brian Armstrong, Coinbase co-founder, revealed his view on the future of bitcoin at the TechCrunch Disrupt Europe conference in the UK.