[Coinbase CEO: The platform currently holds custody of over 12% of global cryptocurrency assets] BlockBeats News, on March 9, Coinbase CEO Brian Armstrong posted on social media, stating, 'Coinbase serves thousands of financial institutions. We have been serving institutional clients for over a decade, which is one of the reasons we are able to custody over 12% of global cryptocurrency assets as well as the majority of spot crypto ETFs in the United States.'