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Business & Economics

Coinbase nears half a trillion in assets, CEO says traditional finance is obsolete

TheStreet
Summary
Nutrition label

75% Informative

$ 0.42 T in customer assets, making it the 21st largest bank in the U.S. by total assets and the 8th largest brokerage by assets under management.

Armstrong argues that crypto is blurring the lines between banking, brokerage, and payments.

Armstrong also revealed plans to deepen integration with decentralized exchanges (DEXs).

VR Score

74

Informative language

70

Neutral language

61

Article tone

informal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links