Entrepreneur Anthony Pompliano expects more cryptocurrency companies to go public and or get acquired now that a new pro-crypto administration is in the White House.
Coinbase a Winner: Pompliano compared Coinbase Global (NASDAQ:COIN) to iPhone maker Apple during a discussion at the 2024 Benzinga Future of Digital Assets conference.
“Coinbase has something that can’t be bought, they have trust,” Pompliano said.
Pompliano, an investor in Coinbase, highlighted the company as one of the last big crypto IPOs. In his opinion, Coinbase does right by people, has a product that people love and has grown by word of mouth. With new investors getting interested in crypto, Coinbase has become the number one app in the app store again thanks to its brand awareness.
Pompliano said that while Apple may not have the best phone in the world, the company’s brand and connected network of products make the iPhone a strong seller.
“Coinbase is putting together a brand of products,” he said.
IPOs and M&A: Pompliano …
Full story available on Benzinga.com