Brian Armstrong, the co-founder and CEO of Coinbase, a digital currency trading platform, issued an open letter stating that the listing of Coinbase is an important milestone and he is proud of the company's achievements.
The following is the full text of the open letter:
Today, Coinbase will be listed on the Nasdaq. Ten years of hard work and the love of countless people have brought us here. This includes every employee of Coinbase, who has been committed to building a free, fair and open financial system for everyone for many years. This also includes you, the 56 million users who use Coinbase. Of course, we must remember Satoshi Nakamoto, who launched Bitcoin to the world in 2008 and created it all.
We experienced several ups and downs along the way. With the help of luck and skill, Coinbase succeeded where many people predicted it would fail. We have survived many ups and downs through innovation and a long-term strategy. In the process, we made cryptocurrency easier to use and introduced this new technology to millions of people. I am proud of what we have achieved so far. But all of our achievements were of course not achieved in one day.
Today’s listing is a milestone, but it is not as important as every new day before us. Coinbase has an ambitious mission: to increase world economic freedom. Everyone has the right to access financial services that can help them build a better life for themselves and their families. To achieve this goal, we still have a lot of hard work to do.
We are still in the early stages of this industry, but we are focusing on the future, focusing on our mission, and committed to building the best cryptocurrency experience for our community.
Thank you for your trust and support.
Coinbase CEO Brian Armstrong.