Exchanges· ★★★· bullish·

Armstrong Announces Coinbase Partnership With Citigroup

  • —Armstrong called the Citi partnership "nearly impossible" until recently
  • —Coinbase deepens ties with a major traditional bank
  • —Deal terms and scope were not disclosed
Why it matters: A top crypto exchange teaming up with a systemic bank signals further institutional adoption of digital assets.
Source: Google News (crypto query)