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195 - The Bull Case for $COIN | Michael Rinko & Jay

Bankless

CHAPTER

Coinbase's Bitcoin Custody and Layer 2 Innovations

This chapter explores the financial implications of Bitcoin custody by Coinbase, highlighting potential revenue growth from trading, ETFs, and custody services. It also delves into Coinbase's new Layer 2 solution, Base, discussing its initial success, user adoption, and profitability in comparison to competitors. The chapter emphasizes the significance of regulatory challenges and innovative strategies that could enhance Coinbase's market position in the evolving cryptocurrency landscape.

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