Coinbase’s institutional trading arm operates গাড়ি 1.5 billion electric car maker Tesla Bitcoin Investments earlier this month, according to The Block.
The Report Corporate America paints a picture of Coinbase’s growing role as it marches deeper into crypto. Coinbase has managed the initial allocations of microstrategy; Block said it has five Fortune 500 clients.
Coindesk could not independently confirm the report during Wednesday’s press conference. Coinbase declined to comment.