Friday , July 30 2021
Home / FT Alphaville / Coinbase just wants to tell the truth, its own truth and nothing but the truth

Coinbase just wants to tell the truth, its own truth and nothing but the truth

As we have written about before, Coinbase — one of the biggest crypto exchanges in the world, a bn company that charges 1.5 per cent for the privilege of buying and selling bitcoin; a company that made 1m in profits in the first quarter of this year largely from doing just that — is really all about making this planet a better place. No, really. It might be one of the most profitable middlemen in cryptoland, but this is a firm whose multi-billionaire founders are on a serious mission to “decentralise” the world. That’s because these guys just want “a more fair, accessible, efficient, and transparent financial system enabled by crypto”, in order to “enable economic freedom for every person and business”. Even the company itself is decentralised these days: as they

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FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

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