Coinbase CEO Made A Statement About NFT

Coinbase CEO made a statement about NFT. Brian Armstrong, “NFTs may be more popular than the cryptocurrency industry in the future.”

Brian Armstrong, CEO of Coinbase, which is preparing to launch its own NFT platform soon, spoke about NFTs. The company, which released its third quarter financial report last Tuesday (November 9, 2021), reported revenue of $1.2 billion. As it will be remembered, the company was publicly listed on the Nasdaq. With the Coinbase NFT platform, it plans to move its exchange operations to a different point. Coinbase CEO used the following statements on the subject: "NFTs excite us. The NFT industry will expand as widely as cryptocurrencies in the future. Perhaps NFTs will become even more popular than the cryptocurrency industry." Announcing its own NFT platform last October, the company will allow its users to create, sell, buy and store NFTs on the Ethereum network. It will also make it easier for Coinbase to follow the new product, different products and artists. In other words, the platform will work like a kind of social media product.