BULLISH 45 Bitcoin Magazine 1H ago · 2 min read

Coinbase institutional co-CEO says Bitcoin’s second capital wave has arrived as seven mega banks tap its rails

AI summary

Coinbase Institutional co-CEO Brett Tejpaul said a "second wave" of institutional capital has arrived in Bitcoin, with seven mega banks using Coinbase infrastructure. He pointed to stablecoin rails as a driver of adoption, while noting institutions still treat BTC as a technology bet. Traders would read the bank participation as a sign of deepening institutional demand, though the claim is qualitative and comes without disclosed flows.

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