Cryptocurrencies

Coinbase CEO Predicts One Billion Crypto Users Within a Decade

  • Crypto will be a major part of overall economy: Armstrong
  • Armstrong and Ark’s Wood spoke at the Milken conference

Coinbase CEO Brian Armstrong

Photographer: Michael Short/Bloomberg
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Within a decade, 1 billion people will have used or tried crypto, up from about 200 million currently, Coinbase Global Inc. Chief Executive Officer Brian Armstrong said at the Milken Institute Global Conference on Monday.

“My guess is that in 10-20 years, we’ll see a substantial portion of GDP happening in the crypto economy,” Armstrong said, speaking at a session with ARK Investment Management LLC CEO Cathie Wood.