On Wednesday, April 14th, Coinbase, one of the largest cryptocurrency exchanges, went public on the NASDAQ index, raising new funds to expand the company around the world while enriching many private investors, who had trusted it with their money in company authority.
Traditional investors are choosing and are looking for alternative forms of investment in order to diversify their portfolios and increase their returns. The choice of companies like Coinbase shows that large wallets want to increase their exposure to the space and make a profit.
In the long run, this shows that the foundations have been laid to see more cryptocurrency ventures that will bring more value to consumers and businesses. Hopefully Coinbase will be just the beginning for what’s to come.