By Elke Karskens, Head of EMEA Marketing
Awards season is in full swing throughout Europe, and this week we had been delighted to win Best Digital Asset Custodian 2022 in HFM Europe Services’ annual awards. This success additional underlines each our integral position throughout the cryptoeconomy, notably by way of additional enabling institutional engagement, and likewise the unimaginable crew that we’re constructing right here at Coinbase.
Over the previous three years we’ve seen widespread adoption of cryptocurrencies the world over, with whole crypto market capitalisation growing practically three-fold from the tip of 2020. Indeed, a current research confirmed that almost 1 in 4 US households personal crypto. However, it isn’t simply the general public realising the potential of digital belongings. There has additionally been vital 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 belongings permit for higher 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 belongings proceed to permeate into mainstream enterprise and finance. Digital belongings have gotten a worldwide phenomenon with governments, corporations and international locations 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 crew for his or her exhausting work and dedication.
Looking forward, we hope to proceed our position because the main digital asset custodian supporting establishments of every kind of their engagement with the world of cryptocurrency.
We’re all the time in search of good individuals to assist us proceed to construct. If that sounds such as you, try our jobs web page here.