Coinbase says it holds the most crypto globally, posts 10.3% Q2 trading share

Brian Armstrong said Coinbase stores more crypto than any other company as the exchange reported a record share of global crypto trading volume in the second quarter.

Summary

Coinbase said it stores more crypto than any other company in the world, a claim made by Brian Armstrong alongside the exchange’s report of a record 10.3% share of global crypto trading volume in Q2. The figures point to Coinbase’s scale across custody (safekeeping digital assets for clients) and trading, two core businesses that help large exchanges deepen market influence and attract institutional activity.

Terms & Concepts
  • custody: Safekeeping digital assets for clients.
  • trading volume: The total amount of assets traded over a period.