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Coinbase's NFT platform should be like Instagram and may eventually overtake cryptocurrency trading, CEO says

24 days ago   |   By Business Insider

Coinbase.
Coinbase; Alyssa Powell/Insider
Coinbase CEO Brian Armstrong said NFTs could upstage cryptocurrency trading on the platform.
Armstrong said he wants the company's NFT platform to be like Instagram, not eBay.
He made the comments on the company's third-quarter earnings call in which it had a trading slump.
The head of Coinbase thinks NFTs could someday surpass cryptocurrency trading on the platform. Chief Executive Officer Brian Armstrong made the comments on a conference call about the company's third quarter earnings, in which the platform suffered a steep drop in trading...
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