Wednesday, May 25, 2022

Coinbase Launches an In-House Crypto Think Tank

Here is more from The Block:

Crypto exchange Coinbase is launching a new crypto-focused, in-house think tank. 

The think tank will work with academic institutions and other think tanks to conduct research. The first partnership of this kind is with the University of Michigan's Survey Research Center, which conducts surveys for the U.S. Census Bureau and the Department of Defense.

The first survey in partnership with Coinbase will focus on the "adoption of and sentiments toward crypto" in U.S. households. The think tank will also work with crypto leaders and policymakers, starting with its first project on crypto and the climate.

Launching today is also the first Monthly Insights Report, which focuses on providing real-time analysis of market movements in crypto and traditional finance. 

Named the "Coinbase Institute," the think tank consists of an in-house team led by Hermine Wong and Dr. Cesare Fracassi.


Coinbase Institute, which officially launched on May 18, describes itself as a "global crypto-native think tank ground in evidence-based research." 

Its advisory board currently consists of five members: Christian Catalini of MIT, Marco Di Maggio of Harvard, Manju Puri of Duke, Nagpurnanand Prabhala of Johns Hopkins, and Vikramaditya Khanna of the University of Michigan.

In 2021, Coinbase reportedly was the biggest-spending lobbying blockchain company, with expenses over $1.3 million.

Here is a previous Think Tank Watch post on cryptocurrency think tanks gaining influence in Washington.