Emilie Choi ពន្យល់ពីអ្វីដែល Wall Street មិនយល់អំពី Coinbase

ភាគ 1 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and President & COO Emilie Choi of Coinbase.

សូមស្តាប់នៅខាងក្រោមហើយជាវដោនឡូដ ផ្លែប៉ោម, តាម Online, Google Podcasts, ដេរ ឬកន្លែងណាដែលអ្នកស្តាប់ផតខាស់។ មតិប្រតិកម្មអ៊ីម៉ែលនិងសំណើកែសំរួលទៅកាន់ [អ៊ីម៉ែលការពារ]

វគ្គនេះត្រូវបាននាំមកជូនអ្នកដោយអ្នកឧបត្ថម្ភ Fireblocks, Coinbase Prime & Chainalysis របស់យើង។
Fireblocks គឺជាវេទិកាថ្នាក់សហគ្រាសដែលផ្តល់នូវហេដ្ឋារចនាសម្ព័ន្ធសុវត្ថិភាពសម្រាប់ការផ្លាស់ប្តូរ រក្សាទុក និងចេញទ្រព្យសម្បត្តិឌីជីថល។ Fireblocks អនុញ្ញាតឱ្យការផ្លាស់ប្តូរ តុផ្តល់ប្រាក់កម្ចី អ្នកថែរក្សា ធនាគារ តុពាណិជ្ជកម្ម និងមូលនិធិការពារហានិភ័យដើម្បីធ្វើមាត្រដ្ឋានប្រតិបត្តិការទ្រព្យសម្បត្តិឌីជីថលប្រកបដោយសុវត្ថិភាពតាមរយៈបណ្តាញ Fireblocks និងហេដ្ឋារចនាសម្ព័ន្ធកាបូបដែលមានមូលដ្ឋានលើ MPC ។ Fireblocks បម្រើស្ថាប័នហិរញ្ញវត្ថុជាង 725 ធានាការផ្ទេរទ្រព្យសម្បត្តិឌីជីថលជាង 1.5 ពាន់ពាន់លានដុល្លារ ហើយមានគោលការណ៍ធានារ៉ាប់រងតែមួយគត់ដែលគ្របដណ្តប់លើទ្រព្យសកម្មនៅក្នុងការផ្ទុក និងការដឹកជញ្ជូន។ សម្រាប់ព័ត៌មានបន្ថែម សូមចូលទៅកាន់គេហទំព័រ www.fireblocks.com ។

អំពី Coinbase Prime
Coinbase Prime is an integrated solution that provides institutional investors with an advanced trading platform, secure custody, and prime services to manage all their crypto assets in one place. Coinbase Prime fully integrates crypto trading and custody on a single platform, and gives clients the best all-in pricing in their network using their proprietary Smart Order Router and algorithmic execution.

អំពី Chainalysis
Chainalysis គឺជាវេទិកាទិន្នន័យ blockchain ។ យើងផ្តល់ទិន្នន័យ កម្មវិធី សេវាកម្ម និងការស្រាវជ្រាវដល់ទីភ្នាក់ងាររដ្ឋាភិបាល ការផ្លាស់ប្តូរ ស្ថាប័នហិរញ្ញវត្ថុ និងក្រុមហ៊ុនធានារ៉ាប់រង និងសន្តិសុខតាមអ៊ីនធឺណិតនៅក្នុងជាង 60 ប្រទេស។ ទិន្នន័យរបស់យើងផ្តល់ថាមពលដល់ការស៊ើបអង្កេត ការអនុលោមភាព និងកម្មវិធីស៊ើបការណ៍ទីផ្សារ ដែលត្រូវបានប្រើដើម្បីដោះស្រាយករណីឧក្រិដ្ឋកម្មដែលល្បីល្បាញបំផុតរបស់ពិភពលោកមួយចំនួន និងបង្កើនការចូលប្រើប្រាស់របស់អតិថិជនទៅកាន់រូបិយប័ណ្ណគ្រីបតូដោយសុវត្ថិភាព។ គាំទ្រដោយ Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit និងក្រុមហ៊ុនឈានមុខគេផ្សេងទៀតនៅក្នុងបណ្តាក់ទុនវិនិយោគ Chainalysis បង្កើតការជឿទុកចិត្តលើ blockchains ដើម្បីលើកកម្ពស់សេរីភាពហិរញ្ញវត្ថុកាន់តែច្រើនជាមួយនឹងហានិភ័យតិចជាង។ សម្រាប់ព័ត៌មានបន្ថែម សូមចូលទៅកាន់ គេហទំព័រ www.chainalysis.com.

ការផ្សព្វផ្សាយ


2021 was a watershed year for crypto exchange Coinbase. 

In addition to becoming the biggest cryptocurrency company to tap the public markets via a direct listing, the firm grew its total assets-on-platform to more than $255 billion, hired more than 3,000 people, and clocked in quarterly revenues above $1 billion during both the second and third quarters. 

Still, the company’s stock price has slid since its market debut in April, down by more than 31% since its first day of trading. The bearish sentiment is likely tied to the lack of predictability in Coinbase’s revenues, which are volatile and heavily dependent on trading fees.

During the latest episode of The Scoop, Coinbase president Emilie Choi said that Wall Street is focused too much on the predictability of short-term revenue rather than the much broader gameplan the company has for becoming a foundation for the emerging crypto-economy.

“We have obviously our flagship brokerage, and then we have the exchange and those are reinventing what a financial system can mean,” she said. “And then the final part of this strategy is about crypto as a new form of App Store, and there’s so much to tap into there.”

That shift could help diversify its revenue model, she added. 

“We have largely a trading model that generates a ton of revenue for us, and we love that model and we’re totally OK with the volatility of it. And at the same time, we’re investing very heavily in the subscription and services model, and you’re seeing a lot of growth from that because it’s the thing that helps us control our own destiny.”

To that end, Choi said the firm plans to pour more resources into its Coinbase Wallet. It is also expanding its subscription businesses — like Coinbase Cloud — as a means to grow its non-transaction-based revenue.

As such, it might not make sense for the exchange to be compared by financial analysts to exchanges like Nasdaq or brokerage firms like Interactive Brokers — at least not in Choi’s view. That said, it’s not easy for her to pinpoint exactly how investors should think about Coinbase — a fact that stems from the maturity level of crypto and web3.

Here’s Choi (emphasis is our own): 

“This goes back to what we were talking about with Tesla. Yeah. Is it a car company? And was Amazon like a book company? Was Square a purely financial services company? No. But with what you look at back in the day with Square, something like Square, គឺថា it just took a lot of time for the Wall Street firms to figure out that it was just a completely new breed of something."

If the former M&A exec at LinkedIn had her druthers, analysts would view Coinbase within an entirely new category of web3. 

“We’re our own thing,” she said.

In this episode, Choi and The Block’s Frank Chaparro also discuss: 

  • Why Choi spends so much time on LinkedIn 
  • The 3 acts of Coinbase’s game plan to become the foundation of the web3 economy 
  • The inside story behind how Coinbase convinced one of the world’s large hedge funds to invest in its Series E during “Crypto Winter”
  • How Coinbase Ventures was conceived 
  • Why Choi is “very optimistic” about the US regulatory landscape
  • Coinbase’s culture and why the firm is giving employees four weeks off to recharge

រក្សាសិទ្ធិគ្រប់យ៉ាងដោយឆ្នាំ ២០២០ ។ អត្ថបទនេះត្រូវបានផ្តល់ជូនសម្រាប់គោលបំណងព័ត៌មានតែប៉ុណ្ណោះ។ វាមិនត្រូវបានផ្តល់ជូនឬមានបំណងត្រូវបានប្រើជាច្បាប់ពន្ធការវិនិយោគហិរញ្ញវត្ថុឬដំបូន្មានផ្សេងទៀតទេ។

រឿងទាន់សម័យ។

Source: https://www.theblockcrypto.com/post/130202/emilie-choi-explains-what-wall-street-doesnt-understand-about-coinbase?utm_source=rss&utm_medium=rss