By Elke Karskens, Head of EMEA Advertising and marketing
Awards season is in full swing throughout Europe, and this week we have been delighted to win Best Digital Asset Custodian 2022 in HFM Europe Services’ annual awards. This success additional underlines each our integral function inside the cryptoeconomy, significantly by way of additional enabling institutional engagement, and in addition the unbelievable workforce that we’re constructing right here at Coinbase.
Over the previous three years we’ve seen widespread adoption of cryptocurrencies internationally, with complete crypto market capitalisation growing practically three-fold from the top of 2020. Certainly, a current research confirmed that almost 1 in 4 US households personal crypto. Nevertheless, it isn’t simply the general public realising the potential of digital property. There has additionally been important adoption amongst establishments, and this accelerated in 2021 as a broader vary of purchasers sought to interact with crypto. Alongside a broad vary of pension funds and asset managers, we’re proud to have Anheuser-Busch, Brex, Enfusion and Franklin Templeton on the Coinbase institutional platform.
Enabling this entry to the cryptoeconomy for a wider vary of establishments aligns with our mission to create an open monetary system for the world. Digital property permit for better effectivity within the monetary sector and supply a transformational degree of monetary empowerment for on a regular basis individuals and establishments alike. The cryptoeconomy is quickly evolving and there’s a wealth of alternatives but to be found.
In a broader sense, the growing adoption of cryptocurrency by establishments illustrates how digital property proceed to permeate into mainstream enterprise and finance. Digital property have gotten a worldwide phenomenon with governments, corporations and nations competing to ascertain themselves as leaders within the area. Coinbase lies on the coronary heart of this, and we wish to take this chance to publicly thank the corporate’s whole institutional workforce for his or her arduous work and dedication.
Trying forward, we hope to proceed our function because the main digital asset custodian supporting establishments of all types of their engagement with the world of cryptocurrency.
We’re at all times on the lookout for sensible individuals to assist us proceed to construct. If that sounds such as you, take a look at our jobs web page here.