Hello!

I always had on my mind that I would love to invest on an exchange besides of it's own token. In my mind there always had been 2 players where I would invest my hard earned money, one of them it's Binance and the other it's Coinbase. Just one hour ago, Coinbase made an announcement that they submitted a draft registration (Form S1) with the Securities and Exchange Commission. And there is more...

We expect the Form S-1 to become effective and for Coinbase to complete a public offering after the SEC completes its review process

This is a dream come true, I will be able to own part of this company in the future. I will seriously consider to invest in Coinbase when it goes public, obviusly I will not buy if the price is not aligned at the value of the company.

Source

Binance is next?

I really hope that Binance follows this path, however I don't think this will happen soon. I am not a huge fan of how this 2 companies manage things, but I notice that they are positioning themselves ahead of their competitors. Coinbase US dominance is really strong and Binance usually has the highest volumes (whether fake or not).

I am excited to see the evolution of Microstrategy share prices, the price is up more than 100% since they announced the massive purchase of Bitcoin. While much of this rise is due to the Bitcoin rally, an industry as promising as cryptocurrencies can cause large revaluations of the companies that operate them.

This is one of the main reasons I am bullish on exchanges. DEXes will keep growing but major exchanges will continue to play a big role in this ecosystem. Don't underestimate the power of this big companies.

Enjoy this green days! 😊

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