Coinbase works with advisors at six global banks to expand Bitcoin exposure

  • Coinbase is working with advisers at six globally systemically important banks.
  • Coinbase has not disclosed the banks, exposure method, allocation size or timetable.
  • The initiative seeks to broaden access routes for individuals seeking Bitcoin exposure.

Coinbase’s Chief Business Officer said the company is working with advisers at six Global Systemically Important Banks to increase exposure to Bitcoin and broaden access routes for individuals. The effort has not been presented as a specific product, investment commitment or completed transaction. Coinbase has not named the banks or detailed the proposed exposure method, allocation size, advisory scope or implementation timeline. Adviser involvement does not establish that the banks have committed capital, approved balance-sheet exposure or endorsed Bitcoin investments.

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