According to the claims of writer Jeff Roberts from Fortune, JPMorgan's CEO Jamie Dimon and Coinbase's CEO Brian Armstrong held secret meetings behind closed doors in early 2018. Roberts made this claim while introducing his new book, "Crypto Kings".
As we reported earlier, on May 12, the Wall Street Journal wrote that JPMorgan began offering banking services to Coinbase and other American cryptocurrency exchange Gemini. According to the report, the accounts of the two exchanges were approved in April and transactions were recently started.
JPMorgan previously took a tough attitude towards cryptocurrencies and Bitcoin. Jamie Dimon, CEO of the banking giant, has equated Bitcoin with a fraud and said he would fire if he saw an employee buying and selling Bitcoin at work. It was a big event in this respect that JPMorgan changed its stance a few years later and offered services to crypto exchanges such as Coinbase and Gemini.
Speaking at Unchained, one of the most popular podcast streams in the cryptocurrency space, Roberts said, “Ironically, Brian Armstrong and Jamie Dimon held secret meetings in the center of JPMorgan in 2018. Therefore, I am curiously waiting to see how the IPO will be. ” said.
It had come to the agenda that Coinbase had planned an IPO in recent months. Roberts stated that the public offering of the stock exchange, which has a valuation of more than $ 8 billion, may take place next year. spoke as. At this point, Roberts wants to see Coinbase do something more crypto-focused than a traditional IPO. According to him, less than this will betray the cryptocurrency world.