the new user cannot be transferred because there is no permission.

Coinbase is a digital currency trading platform, which was established in 212 and is headquartered in los Angeles, USA.

The first licensed Bitcoin exchange in the United States was officially opened on January 27th, 215. After that, the first index fund was launched in 218 and entered the asset management industry. On April 14th, 221, it was listed on NASDAQ Exchange, becoming the first cryptocurrency exchange listed in the world. He was a finalist in "Suzhou High-tech Zone 22 Hurun Global Unicorn List".

on August 2th, 221, the 221 Hurun Global 5 was released, and Coinbase Global ranked 379th with an enterprise valuation of 32.1 billion yuan.

:

What impact will Coinbase's listing have?

1. Some national digital pass companies may speed up their listing, and funds are pouring into the digital pass market at an accelerated pace. According to the data released by CoinShares, a digital security asset management company, the capital flowing into digital security funds and products reached a record $4.5 billion in the first quarter, reflecting that more and more institutional investors are participating. The listing of Coinbase is a kind of recognition from the mainstream world for the industry, and it also provides experience for companies in the digital pass industry or blockchain industry, which proves that the exchange can also be listed. The acceptance of digital pass in the market will increase, and companies in other countries' digital pass industries may also speed up their listing. It is reported that Kraken, an American virtual asset trading giant, is considering going public in 222, and the company's management expects that the listing method may be similar to Coinbase. Kraken is now negotiating with investors to seek a new round of financing, which may be worth as much as $2 billion. In the future, more companies in the encryption industry may choose to go public in the United States, South Korea and Japan.

2. More traditional investors and institutions will enter the market for expert analysis. The listing of Coinbase will mark the first formal connection between traditional financial channels and digital securities channels. The successful landing on Nasdaq can further recognize digital securities as traditional assets, which is a big step for the digital securities industry. The listing of Coinbase will attract more attention from the traditional financial field to the digital pass, and also help to enhance users' trust in the exchange, provide an endorsement for the encryption industry, and play a good role in the overall market. Its listing will greatly promote the acceptance of digital pass in the mainstream market, and drive more traditional investors to pay attention to the field of digital pass, and more people and institutions outside the market will enter the field of digital pass. The number of users in the whole encryption industry will increase rapidly, and the digital pass will be more easily and widely accepted by the public.