Coinbase, Genesis Highlight Massive Institutional Growth at MicroStrategy Conference

Coinbase, Genesis Highlight Massive Institutional Growth at MicroStrategy Conference
Speaking with MicroStrategy CEO Michael Saylor at the Bitcoin for Corporations conference, Head of Coinbase Institutional Brett Tejpauln said institutions now make up 50% of his company’s business, up from 10% three years ago. Alongside, Coinbase’s institutional group size has grown from about a dozen to 150. What Tejpauln began to see emerging in the last year, and what’s needed even more in coming years, is boosted liquidity as institutions need to know they can transact in large volume.A far more recent emerging theme, he said, is retailers showing interest in their first NFT deals. This is an initial step…