8 months ago

A director of the largest US cryptocurrency exchange Coinbase, Bryan Armstrong, predicts that over the next 5 years more than 1 billion people will be involved in the cryptocurrency ecosystem.

In an interview with TechCrunch, Armstrong said that the crypto-ecosystem and the total number of digital currencies will continue to grow, accompanied by the growth of commercial organizations that are developing their own crypto-tokens, hence the number of users in this area will also grow. As Armstrong suggests, each organization will have personal cryptocurrencies that will complement the company’s share capital, acting as an alternative investment system.

Armstrong added that Coinbase will be able to work with hundreds of tokens for “many years” and potentially with “millions” in the future.

Recently, the exchange announced plans to launch its own cryptocurrency ETF together with one of the largest on Wall Street companies BlackRock.