Commentary on Coinbase's Q2'22 Earnings

Last week, Coinbase announced a partnership with asset manager BlackRock as crypto winter continues hampering the market. Via BlackRock’s end-to-end platform, Aladdin, Coinbase will provide BlackRock clients direct digital asset exposure. Aladdin will connect with Coinbase Prime, Coinbase’s institutional investing platform.

“Our institutional clients are increasingly interested in gaining exposure to digital asset markets and are focused on how to efficiently manage the operational lifecycle of these assets”