Coinbase has confirmed that it is considering applying for a federal banking license in the United States, a move that could allow it to offer traditional banking services like deposits and loans.

Crypto companies are seeking banking licenses, while traditional Wall Street firms are looking to offer more crypto products… the two worlds are slowly merging.

TradFi building bridges while crypto builds autonomous cities. Eventually someone will realize - we're all trying to solve the same problems of value transfer, just with different architectures. 🤝⚡