Conway Says Crypto Is a Multi-Trillion-Dollar Opportunity
CoinEdition
Published Apr 19, 2021 05:30AM ET
Updated Apr 19, 2021 06:00AM ET
Conway Says Crypto Is a Multi-Trillion-Dollar Opportunity
- Ron Conway sees the crypto economy as the next multi-trillion-dollar opportunity.
- Coinbase is now the new Google (NASDAQ:GOOGL), says Conway.
Silicon Valley “super angel’’ Ron Conway expressed his views regarding the present and future of crypto in a recent interview.
In the interview, Conway explained that he sees the crypto economy as the next multi-trillion-dollar opportunity.
Conway further said,
“If you start at the very top of the funnel. Look at the market size for the crypto economy. Last year, it was $778 billion, headed to over a trillion. And the crypto economy is in its infancy”.
What is more, Conway is an early investor of Coinbase, Airbnb, Facebook (NASDAQ:FB), and Google.
As per Conway, San Francisco-based exchange Coinbase is now the new Google for the crypto economy. “I absolutely believe that Coinbase is the Google for the crypto economy and opens this huge opportunity to consumers,” stated Conway.
In addition, Conway expressed that though the crypto sector is growing at a fast pace, this is just the beginning. Also, Conway explained that Coinbase focuses more on the entire crypto market making it the biggest crypto exchange.
In fact, Coinbase successfully listed its shares on Nasdaq. Thus, Coinbase is the first crypto exchange to go public.
Further, Conway also said that Coinbase has a catchy brand that heavily attracts new customers via its user-friendly design.
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