Coinbase Institutional Co-CEO: Bitcoin’s “Second Wave” of Institutional Capital has Arrived

▶ Bitcoin Magazine Coinbase Institutional Co-CEO: Bitcoin’s “Second Wave” of Institutional Capital has Arrived Seven of the largest banks in the world are now running on Coinbase infrastructure, and Brett Tejpaul, Co-CEO of Coinbase Institutional, says they’re having a “Kodak moment.” He joins Grace Remington and Sean Hagan to explain why the driver has shifted from Bitcoin ETFs to stablecoin payments now that money can move from a Citi account to USDC, across the blockchain in a second, and into a corporate account on the other side. He also gives a candid read on Bitcoin: the macro setup is great, the performance has been disappointing, and institutions aren’t yet treating it as anything but a tech trade.

First reported by Bitcoin Magazine. This page is a short excerpt; the full text is theirs.