Surojit Chatterjee, chief product officer at Coinbase, comes to talk about what products Coinbase is building, how it can thrive in such a competitive landscape, how to onboard billions of users into crypto, and much more.\xa0\n\xa0\nShow highlights:\n\nhow Surojit got into crypto and ended up at Coinbase\n\nwhat sets Coinbase apart from the competition\n\nhow to bring billions of customers to crypto\xa0\n\nSurojit\u2019s mental model of a bridge between the fiat world and the crypto world\n\nhow Coinbase is integrating its main app with Web3\n\nwhether crypto can become a utility rather than an investment asset\n\nhow Coinbase is building a product in such a way that it attracts even \u201ccrypto-native\u201d people\n\nwhat happened with Coinbase NFT Marketplace\u2019s failure and whether the company will keep investing in NFTs\n\nwhether Coinbase has lost crypto-embedded people among its employees\n\nhow the partnership with BlackRock indicates how far crypto has come\n\nthe amount of money that institutions could potentially pour into crypto\n\nhow Coinbase will prevent itself from having the largest percentage of staked ETH\n\nhow the company is monetizing the Coinbase wallet and what would happen to revenue if the trading volume were to move from the exchange to Coinbase wallet swaps\n\nwhy Coinbase is suffering a decline in trading volume\n\nwhether Coinbase can compete with newer exchanges like FTX and Binance and why Surojit still thinks Coinbase will win\n\nwhy it is important to keep investing and building through this crypto winter\n\nSurojit\u2019s take on the frontrunning of coins about to be listed on the platform\n\nwhy the Howey test (which determines whether something is a security) is outdated\n\nhow Coinbase understands securities, and whether the firm thinks the tokens listed on the platform are securities\n\nhow can Coinbase compete with decentralized exchanges like Uniswap\n\nwhy Surojit is worried about regulatory clarity and stablecoins\n\nhow hacks and security give the crypto industry a bad reputation\n\nwhat Surojit\u2019s dreams are for the industry\n\nThank you to our sponsors!\n\xa0\nCrypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021\nAva Labs: https://www.avax.network/\nShow Links\n\xa0\nSurojit:\xa0\nTwitter: https://twitter.com/surojit\n\n\xa0\nCoinbase Q2 2022 Earnings:\n\nShareholder letter: https://s27.q4cdn.com/397450999/files/doc_financials/2022/q2/v2/Q2-2022-Shareholder-Letter.pdf\n\n\nSummary: https://twitter.com/fintechintern/status/1557130836574539776?s=20&t=R-oDUTEaev-F8bPonC2q5Q\n\n\nEarnings call: https://s27.q4cdn.com/397450999/files/doc_financials/2022/q2/Coinbase-Q2%2722-Earnings-Call-Transcript.pdf\n\n\n\xa0\nNFT Marketplace:\n\nCoinbase NFT launch: https://decrypt.co/99561/coinbase-nft-marketplace-150-users-first-day-public\n\n\nNFT Market data: https://dune.com/Marcov/0x-NFT-Market\n\n\nGamestop NFT stats: https://dune.com/dataisking420/gamestopnft-stats\n\n\nGamestop\u2019s performance against Coinbase: https://decrypt.co/105069/gamestop-ethereum-nft-sales-dwarf-coinbase-nft\n\n\n\xa0\nPartnerships\n\nBlackRock:\xa0\n\n https://www.coindesk.com/business/2022/03/24/blackrocks-fink-says-ukraine-war-could-accelerate-crypto-adoption-report/\n\n https://blog.coinbase.com/coinbase-selected-by-blackrock-provide-aladdin-clients-access-to-crypto-trading-and-custody-via-b9e7144f313d\n\n https://www.coindesk.com/markets/2021/07/14/blackrock-ceo-larry-fink-seeing-very-little-demand-for-crypto-lately/\n\nIntegration with META: https://www.coindesk.com/business/2022/08/04/meta-confirms-nft-rollout-across-100-countries-amid-coinbase-integration/\n\n\n\xa0\n\n** For more episode links and details visit the Unchained website **\nLearn more about your ad choices. Visit megaphone.fm/adchoices