Coinbase, Circle, Bullish And Strategy Want More Than Bitcoin Exposure— They Want The Rails

Crypto companies are trying to prove they can survive the next downturn by becoming infrastructure businesses instead of pure Bitcoin (CRYPTO: BTC) price bets.

Evolving Crypto Industry

In a CNBC documentary show, crypto reporter Tanaya Macheel said that after years of relying heavily on trading activity, firms including Coinbase (NASDAQ:COIN), Robinhood (NASDAQ:HOOD), Circle (NYSE:CRCL), Bullish and Strategy (NASDAQ:MSTR) are pitching Wall Street on tokenization, stablecoin infrastructure, derivatives, blockchain rails and real-world assets.

The shift marks a major evolution for the crypto industry.

Instead of depending …

Full story available on Benzinga.com