Coinbase President and Chief Operating Officer Emilie Choi joins Emily Chang to discuss their earnings results, the impact of their partnership with BlackRock on their stock, institutional sentiment in crypto, and their intensifying scrutiny by the SEC.
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Francisco Gimeno - BC Analyst Coinbase is losing market share or at least the results seem to involve that. Of course with SEC trying to infall kind of faults in exchanges, probably looking for a sacrificial goat which will make the rest of exchanges go in the narrow way of following strict regulations according to SEC, Coinbase acts with coolness and try to assure investors and users that ultimately this shall also pass, with the best management in place, plus expecting their pact with BlackRock, the epitome of a big capitalist traditional finance company will help to get in a better position than now.