BlockBeats news, on May 11, Coinbase CEO Brian Armstrong stated that with traditional players continuing to accelerate the adoption of cryptocurrencies, the goal of the crypto platform is to become one of the largest financial service companies in the world within a few years.

Brian Armstrong stated during Thursday's quarterly earnings call: "Currently, we are mainly focused on trading and payments, targeting our primary customer base: retail, small and medium-sized enterprises, institutions, and developers. Our goal is to become the number one financial services application among global customers within five to ten years."