Jamie Dimon

Coinbase is building a cryptocurrency empire

Coinbase is building a cryptocurrency empire

From its office tower perch overlooking San Francisco's financial district, Coinbase handles thousands of requests a day from investors who want to buy, sell or store bitcoin, or perhaps other cryptocurrencies supported on the nearly six-year-old exchange.

As bitcoin's value surged over the past year, peaking at more than $19,000 in December, mainstream investors flocked to Coinbase to buy and hold cryptocurrency - hoping to get in early on what even Wall Street now widely acknowledges is a potentially transformative financial technology. Even though bitcoin's value has dropped by half, entrepreneurs, venture capitalists and others maintain their enthusiasm for its...

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