The CEO of Coinbase Exchange ‘Brian Armstrong’ in an interview with Bloomberg stated that the company received roughly around 50,000 user request’s per day back in year 2017.
Stating in the interview at San Francisco Armstrong aforementioned that the blockchain technology behind Bitcoin though surpasses everyday bubbles and make corrections time to time but a new issue always seem to standing in its way. Mentioning further he said, the global acceptance of the digital world is increasing every year.
When he was askedregardinghis expectations for ICO’s, Armstrongstatedthat
“ICO’sareannecessaryinnovationwithin theworld” asthey supplya chancefor peopleround the globeto boostfundsfor brand newventureswhile notwishing onpersonal networks of angel investors which is although an enormousbreakthrough.”
While theresquare measurelegalinquiries tocontemplate, Armstrongaforementionedthat he expects the ICO trend to continue,languagethat “ICOssquare measurebreaking all the previous crowdfunding records.”
Armstrongalso saidthat the company also helped customers to trade $150 Blnpriceworth of digital assets back in the year 2017. An estimate of around even less than 10% of crypto assets are used in the day to day lives.
Earlier also the Exchange company announced the reduction of its Index Fund’s annual management fee for all new and existing investors directly to half as its plan to attract new investors. The exchange alsoproclaimedthat theopen-end fundwas rebalancedto includeEthereum Classic ‘ETC’, following the official listing of other Altcoins too on Coinbase last week. Last week this year, Coinbase also successfully renewed itscashtransmitter license.