Coinbaseâs institutional trading wing handled electric car-maker Teslaâs $1.5 billion bitcoin investment earlier this month, according to The Block.
The report illustrates Coinbaseâs growing role as corporate America marches deeper into crypto. Coinbase handled MicroStrategyâs early allocations; The Block reported it has five Fortune 500 firms as clients.
CoinDesk could not independently confirm the report at press time Wednesday. Coinbase declined to comment.
