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A comment on Coinbase from YC to DPO. Parent comment

Re:Coinbase from YC to DPO by rawtxapp on Wednesday April 14, 2021 @05:37PM (#26813435)
This IPO significantly weakened the "gov will ban it" argument, it's like too big to fail now that it's in the hands of millions of retail and institutional investors alike.
[ Parent | on HN ]
Re:Coinbase from YC to DPO by throwastrike on Wednesday April 14, 2021 @05:40PM (#26813466)
The exchange game as it was with stocks and bonds is all about consolidation (and resulting revenue base). People are betting that coinbase will consolidate the market. I don’t buy it but that’s the “story”.
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