Coinbase Invests in ProShares GENIUS Money Market ETF, Which Reached $22B in Assets Since February Launch

According to Coinbase announcement and Nate Geraci, Coinbase invested in the ProShares GENIUS Money Market ETF (IQMM) this February. The ETF has attracted $22 billion in assets since its launch earlier this year. The investment reflects Coinbase's commitment to building infrastructure for stablecoin adoption, encompassing distribution, payments, and developer tools.
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