On February 8, Bitwise chief investment officer Matt Hougan tweeted that Coinbase could become a US$1 trillion company. Previous government regulatory restrictions instead created a moat for Coinbase, allowing it to maintain high profits and expand new businesses. Now that the regulatory environment has eased, Coinbase is in its best period of expansion. If the crypto market continues to grow, it is expected to become the world's largest financial institution. CEO Brian Armstrong previously stated that Coinbase holds US$0.42 trillion in customer assets, equivalent to the 21st largest bank or the 8th largest brokerage company in the United States.