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

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

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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.