Coinbase updates Om investeringen’s beleggingsbeleid at crypto event

By Alesia Haas, Coinbase’s CFO
We believe in the crypto economy, a future in which economic transactions-buy, sell, spend, income — will be based on crypto assets. Our products aim to make this vision a reality with familiar and easy-to-use cryptography to customers worldwide.
Today, most commercial financial transactions of Coinbase, such as how we pay our suppliers, our employees, or how we invest in corporate money, are weighted in Fiats. We are in a strong position to sample and redouble efforts to implement and use cryptography, starting with how we run our business.
To this end, we announce a change in our investment policies. We have committed to investing $ 500 million in our cash and equivalents. In the future, we will also allocate 10% of quarterly net profit to a diverse portfolio of crypto assets. This means that we are the first registered company to store Ethereum, betting-confirming assets, Defi tokens and many other crypto assets supported for trading on our platform, in October, in addition to bitcoin, on our balance sheet.
Our investment allocation in crypto assets will be determined by our total crypto asset balances-this means that our customers will determine our investment strategy. Our investments will be realized continuously over several years using the average value strategy in dollars. We are long-term investors and will only withdraw funds under certain conditions, such as the removal of assets from our platform. To avoid conflict of interest with our customers, all transactions are made through our office or outside our exchange.
As the crypto economy evolves, we can increase our allocations over time. We believe that more companies will keep crypto assets on their balance sheets in the future. By incorporating more crypto assets into our own corporate financial practice, we hope that we can take another step towards creating a more open crypto economy.
Coinbase updates Investment PO

Join the Discussion

  • BrokerEUR/USD
    IG 0.6pips (fixed) margin: 3.33%
    Core Spreads 0.6pips (variable) margin: 3.33%
  • Back to top