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Crypto Exchange Coinbase to Invest 10% of All Future Profits in Crypto Assets

Coinbase today announced it would allocate 10% of its quarterly net income toward buying cryptocurrencies to create a diverse portfolio of crypto assets. Coinbase Updates Investment Policy US-based cryptocurrency trading platform Coinbase today announced a significant update to its investment policy. According to the latest update, Coinbase has committed a mammoth $500 million

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Coinbase will buy $500M in crypto and invest 10% of all future profits in digital assets

Leading U.S. exchange by trade volume, Coinbase, has revealed plans to add half a billion dollars worth of crypto to its balance sheet.Coinbase CEO, Brian Armstrong, announced that the company’s board had approved the crypto spending spree in an August 20 tweet, adding that Coinbase also plans to invest 10%

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