Demiros’ sentiment was shared by most of the crypto industry. From early Coinbase investors like Garry Tan, his initial $300,000 investment in 2013 made a 6000x profit, to Paradigm’s Omar Bohsali, legendary rap singer Nasir Jones and others.
Grayscale CEO Michael Sonnenshein said Coinbase’s debut has signaled a new level of maturity for the crypto industry.
$COIN "is really signaling to the market as a whole a certain level of maturity, a certain way of doing things the right way," @Grayscale CEO @Sonnenshein says, adding: "Crypto is not an investment that's appropriate for every investor." https://t.co/Jb7k9tf4PHpic.twitter.com/xPLJjTv1JP