Source-https://medium.com/@tombrammar/coinbase-has-to-become-a-bank-7493cbb73256
You may have heard about this news. It's making waves recently and it's very encouraging. So coinbase (The largest crypto exchange) has reportedly obtain a stunning investment worth $20 billion from unknown hedge-fund. The money will be supposedly used for it's custody service. This is a big ones guys and this is obviously a deal that's been happened behind the scenes already. This lot of people are saying may well be what move the market in the last week or so in the positive direction. we are seeing lot of positivity. This could have the nature factor there. I'm gonna link to the business. as stated by business insider coinbase is not going to stop and already try to obtain partnerships with other large hedge funds. so could be just be the start that's greatness also the company is evidently prepared to offer margin financing. If this happens institutional investors will be able to borrow to trade.
