Coinbase founder: Institutional customers start investing in cryptocurrency

On August 16, Coinbase founder and CEO Brian Armstrong said on Twitter that a year ago, organizations were hesitant about adopting encryption technology, but now they know that the technology is safe. Brian Armstrong also revealed that Coinbase now sees $2-4 billion a week in cryptocurrency deposits from institutional clients, and providing trusted and secure infrastructure to institutional clients is the first step in building a crypto economy.