Coinbase updates investment policy to increase investments in crypto assets

59 · Coinbase · Aug. 20, 2021, 1:25 a.m.
By Alesia Haas, Coinbase Chief Financial OfficerWe believe in the cryptoeconomy, a future where economic transactions — buying, selling, spending, earning — will be based on crypto assets. Our products strive to make that vision a reality by making crypto trusted and easy to use for customers around the world.Today, the majority of Coinbase corporate financial transactions, such as how we pay our vendors, employees, or invest corporate cash, remain heavily weighted in fiat. We’re in a strong pos...