The number of Coinbase clients reached 35 Million

by in Cryptocurrency News

Coinbase clients 35 million

The total number of retail and institutional clients of Coinbase exceeded 35 million. The largest US crypto company cited such data in its first half-year institutional review.

Related: Coinbase leads in mergers and takeovers of blockchain sphere

At the beginning of 2020, the number was 30 million customers.

Coinbase noted that the current year has become important in terms of the interest of institutional investors in buying cryptocurrencies: they saw notable growth in their institutional business in the first half of the year and continued to add top university funds, traditional hedge funds, venture capital firms and large family offices to their list of direct digital asset buyers.

The company intends to expand its business proposals for institutions. For example, Coinbase plans to soon offer customers the ability to trade across multiple pools of liquidity through the acquisition of crypto broker Tagomi.