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   Coinbase Bytes
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  <span style="color:transparent;visibility:hidden;display:none;opacity:0;height:0;width:0;font-size:0;">
   How crypto is helping Ukrainians amid Russia’s ongoing invasion.
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           03-Mar-2022
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     <p style="margin: 16px 0px 0px; line-height: 1.5; word-break: break-word; font-size: 12px; color: rgb(91, 97, 110);">
      A line forms at an ATM in Lviv, Ukraine over the weekend. Current daily withdrawal limits are 100,000 Ukrainian hryvnia, or roughly $3,350. [SOPA Images via Getty Images]
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      <strong>
       What’s up? It’s Coinbase Bytes
      </strong>
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     <p style="margin: 0px; line-height: 1.6; word-break: break-word;">
      There’s never a dull moment on the blockchain. Here’s what you need to know this week:
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      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Ukraine is seeing record crypto donations.
       </strong>
       Ukranians are using crypto to protect their wealth and resist Russia’s invasion.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        More institutions are embracing crypto.
       </strong>
       Despite market uncertainty, the world’s largest financial players are doubling down.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        The week in numbers.
       </strong>
       The number of cryptocurrencies AMC theaters now accept, and other key figures to know this week.
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Bitcoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £32,452.52
               </p>
               <p style="margin:0;font-size:12px;">
                +24.91%
               </p>
              </div>
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Ethereum
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £2,169.83
               </p>
               <p style="margin:0;font-size:12px;">
                +21.92%
               </p>
              </div>
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Solana
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £73.65
               </p>
               <p style="margin:0;font-size:12px;">
                +23.51%
               </p>
              </div>
             </td>
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Cardano
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.69
               </p>
               <p style="margin:0;font-size:12px;">
                +14.38%
               </p>
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              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Avalanche
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £60.83
               </p>
               <p style="margin:0;font-size:12px;">
                +19.80%
               </p>
              </div>
             </td>
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              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
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             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Polkadot
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £13.61
               </p>
               <p style="margin:0;font-size:12px;">
                +22.83%
               </p>
              </div>
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             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Bitcoin
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £32,452.52
               </p>
               <p style="margin:0;font-size:12px;">
                +24.91%
               </p>
              </div>
             </td>
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             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Ethereum
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £2,169.83
               </p>
               <p style="margin:0;font-size:12px;">
                +21.92%
               </p>
              </div>
             </td>
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            <tr>
             <td style="padding:0;vertical-align:top;">
              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
             </td>
             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Solana
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £73.65
               </p>
               <p style="margin:0;font-size:12px;">
                +23.51%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
        <tr>
         <td style="padding-top:20px;">
          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
          </a>
          <table>
           <tbody>
            <tr>
             <td style="padding:0;vertical-align:top;">
              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
             </td>
             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Cardano
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £0.69
               </p>
               <p style="margin:0;font-size:12px;">
                +14.38%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
         <td style="padding-top:20px;">
          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
          </a>
          <table>
           <tbody>
            <tr>
             <td style="padding:0;vertical-align:top;">
              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
             </td>
             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Avalanche
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £60.83
               </p>
               <p style="margin:0;font-size:12px;">
                +19.80%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
         <td style="padding-top:20px;">
          <a style="text-decoration:none;color:#0A0B0D;" target="_blank">
          </a>
          <table>
           <tbody>
            <tr>
             <td style="padding:0;vertical-align:top;">
              <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fup-arrow.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="height:12px;width:12px;margin:2px 0px 0px 0px;vertical-align:top;" width="12"/>
             </td>
             <td style="padding:0;vertical-align:top;">
              <div style="text-align:left;margin:0px 0px 0px 10px;line-height:1;">
               <p style="margin:0;">
                <strong>
                 Polkadot
                </strong>
               </p>
               <p style="margin:8px 0px;">
                £13.61
               </p>
               <p style="margin:0;font-size:12px;">
                +22.83%
               </p>
              </div>
             </td>
            </tr>
           </tbody>
          </table>
         </td>
        </tr>
       </tbody>
      </table>
     </div>
     <p style="margin: 20px 0px 0px; line-height: 1.5; word-break: break-word; color: rgb(91, 97, 110); font-size: 12px;">
      Price changes are for the past week, ending on Mar 3, 2022 at 05:01 AM UTC
     </p>
     <div class="cta_button" style="margin: 24px 0px 0px; padding: 0px; width: 50%;">
      <!--[if mso]><table width="100%" cellpadding="0" cellspacing="0" border="0" style="border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style="padding:0;" align="left"> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=9c98def5b75645a7b41879faa4d1241b&_e=cDROhX0Z-Q_fKHa6HZ53AqmkHTIXsZbg2n6YzviRgqs505JzjadRQ5OKIhf2svQ1PPDQ1QLsNeo4Bg2E3CYhxpTcCuAZF_dxYSAvCr0lhsUiReynTk3mZKqBZJI1mXhht6xvfuEw-JMiwfBzednjbZtZ2Z2M_TWR_awaWe7Vi_IDIO-hGmJ8EVHo7VlVHTCpYfnTjqqisdwwlrFro2Q9E0lS2cKv-nhnZeyxNF9OEwMY_zrjyE4hbWGuKYDEYsyKPCmexJUneFHcjJiBNlEUMevX5qD9S_2sWvObL3iolG2-1gK2h85WXZ6up6LsQrW8bB18txNdusxQtWMjYx4WGU6_XCvDfmOIlkyVwFK8RC88b4u4gxJR7n_etpIgHCFC" style="width:350pt;v-text-anchor:middle;" arcsize="17%" stroke="false" fillcolor="#0052ff"> <w:anchorlock/><v:textbox inset="0,0,0,0"><center style="font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]-->
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       <strong>
        See the latest prices
       </strong>
      </a>
      <!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->
     </div>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" valign="top" width="100%">
      <tbody>
       <tr style="vertical-align: top;">
        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;" valign="top" width="100%">
          <tbody>
           <tr style="vertical-align: top;">
            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
             </span>
            </td>
           </tr>
          </tbody>
         </table>
        </td>
       </tr>
      </tbody>
     </table>
     <div>
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding-right: 11px; vertical-align: middle;">
          <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="display: block; width: 12px; height: 12px;" width="12"/>
         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            CRYPTO SUPPORT
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        Crypto donations pour into Ukraine as the country resists Russian invasion
       </strong>
      </p>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      As Ukraine continues to resist Russia’s full-scale invasion,
      <a rel="noopener noreferrer" target="_blank">
       international sanctions
      </a>
      begin to hobble the Russian economy, Russian president Vladimir Putin has resorted to
      <a rel="noopener noreferrer" target="_blank">
       nuclear saber-rattling
      </a>
      , and global markets have whipsawed. On Monday, oil prices reached over $100 per barrel for the first time since 2014, and the Russian Ruble lost 30% of its value against the dollar, plummeting to
      <a rel="noopener noreferrer" target="_blank">
       record lows
      </a>
      . For Ukrainians,
      <a rel="noopener noreferrer" target="_blank">
       emergency economic measures
      </a>
      — including cash withdrawal limits (about $3,350 per day) — have prompted the country’s government, citizens, and even newspapers to call for crypto aid. Let’s take a closer look at some ways crypto is assisting during a time of crisis.
     </p>
     <!--[if mso]><ul style="line-height:1.6;mso-line-height-alt:26px;"><![endif]-->
     <!--[if !mso]><!-- -->
     <ul style="margin: 10px 0px 0px; padding-left: 24px; line-height: 1.6;">
      <!--<![endif]-->
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Ukraine has raised over $30 million in cryptocurrency since
       </strong>
       <a rel="noopener noreferrer" target="_blank">
        <strong>
         tweeting
        </strong>
       </a>
       <strong>
        an appeal for donations on Saturday.
       </strong>
       The official Twitter accounts of the government and Vice Prime Minister
       <a rel="noopener noreferrer" target="_blank">
        Mykhailo Fedorov
       </a>
       shared wallet addresses for BTC, ETH, and the USD-pegged
       <a rel="noopener noreferrer" target="_blank">
        stablecoin
       </a>
       Tether (which saw such significant demand on Ukraine crypto exchange
       <a rel="noopener noreferrer" target="_blank">
        Kuna
       </a>
       that it
       <a rel="noopener noreferrer" target="_blank">
        traded above
       </a>
       its peg, reaching $1.10) Why crypto donations? As blockchain analytics firm
       <a rel="noopener noreferrer" target="_blank">
        Elliptic
       </a>
       explains, “Cryptoassets such as Bitcoin have emerged as an important alternative crowdfunding method. They allow quick, cross-border donations.”
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Russian-Canadian Ethereum co-creator Vitalik Buterin amplified the appeal on Twitter
       </strong>
       as part of a
       <a rel="noopener noreferrer" target="_blank">
        string of tweets
       </a>
       that included a sharp rebuke of Moscow, calling the invasion “a crime against the Ukrainian and Russian people.” In other Ethereum news, Uniswap
       <a rel="noopener noreferrer" target="_blank">
        added a tool
       </a>
       on Tuesday that allows users to swap any crypto for ETH and send it to the Ukrainian government’s wallet in a single transaction.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        A founding member of the Russian pro-democracy punk group Pussy Riot formed a
       </strong>
       <a rel="noopener noreferrer" target="_blank">
        <strong>
         DAO
        </strong>
       </a>
       <strong>
        to raise funds for Ukrainian civilians
       </strong>
       . Pussy Riot’s Nadya Tolokonnikova, along with members of
       <a rel="noopener noreferrer" target="_blank">
        PleasrDAO
       </a>
       and artist
       <a rel="noopener noreferrer" target="_blank">
        Trippy Labs
       </a>
       , formed
       <a rel="noopener noreferrer" target="_blank">
        UkraineDAO
       </a>
       , which sold 10,000 Ethereum-based Ukrainian flag NFTs and plans to donate all proceeds (over $5 million) to the
       <a rel="noopener noreferrer" target="_blank">
        Come Back Alive Foundation
       </a>
       , which supports Ukraine’s military, and the
       <a rel="noopener noreferrer" target="_blank">
        Proliska
       </a>
       non-governmental organization. (If you are considering donating crypto, be mindful of
       <a rel="noopener noreferrer" target="_blank">
        potential scams
       </a>
       and always do your research first.)
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        The Kyiv Independent, an English-language newspaper in Ukraine is seeking crypto donations to support the country’s independent media.
       </strong>
       In addition to GoFundMe pages for the
       <a rel="noopener noreferrer" target="_blank">
        paper
       </a>
       and
       <a rel="noopener noreferrer" target="_blank">
        several partners
       </a>
       , the Kyiv Independent also
       <a rel="noopener noreferrer" target="_blank">
        listed BTC and ETH wallets
       </a>
       . Meanwhile, a Berlin-based blockchain startup called Arweave is attempting to
       <a rel="noopener noreferrer" target="_blank">
        preserve historical documents
       </a>
       about the crisis — so far its network of 1,000 nodes holds about 50 terabytes of related data.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Last November, The New York Times
       </strong>
       <a rel="noopener noreferrer" target="_blank">
        <strong>
         described
        </strong>
       </a>
       <strong>
        Ukrainians as among the “most avid cryptocurrency users in the world,”
       </strong>
       and they rank
       <a rel="noopener noreferrer" target="_blank">
        fourth
       </a>
       in Chainalysis’ 2021 Global Crypto Adoption Index. Why? A combination of factors — from high inflation to a widespread lack of trust in local banks. Ukraine is also a highly tech-forward nation, with an IT export business
       <a rel="noopener noreferrer" target="_blank">
        worth almost $7 billion
       </a>
       last year. Ukraine also adopted a
       <a rel="noopener noreferrer" target="_blank">
        progressive bill
       </a>
       last September, enabling the government to regulate crypto.
      </li>
     </ul>
     <p style="margin: 0px; padding: 0px;">
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Why it matters…
      </strong>
      Ukranians are using crypto to defend themselves from Russia’s invasion, protect their wealth, and fund their escapes to neighboring nations. In one sobering
      <a rel="noopener noreferrer" target="_blank">
       tweet
      </a>
      , a citizen explained: “My Ukrainian credit cards don’t work anymore. I’m safe physically in Kazakhstan, but all my savings are gone. Crypto is the only money I still have, and today I can say without exaggeration that $BTC, $ETH and #NFT[s] are going to save my life while I can’t come back home.”
     </p>
     <div class="cta_button" style="margin: 24px 0px 0px; padding: 0px; width: 50%;">
      <!--[if mso]><table width="100%" cellpadding="0" cellspacing="0" border="0" style="border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style="padding:0;" align="left"> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=9c98def5b75645a7b41879faa4d1241b&_e=cDROhX0Z-Q_fKHa6HZ53Au5ttWOdaVGzRr4jujbL5dxLmXks50yG7KyMNu_ZRPWfsEmcqtVa0PVFN1j6aHeScMzWR4PUSEcEidMAPo8wHOwlzVSbNt2wKFSgrggk2NHGdSIACPzwFOz-M6EDat1mse3RHPfEEHIW_ok2LJT5_MSoODX6Xd_0UrHWI0x8fvA42r67_AMGjIiwMkZep-oMmzcAGHLZkI3lL4pLVH9JYx_zDRuAGFb0FYVAyMbRgboujidJpguDbXj_T3egcesVLTXyHDBF5c71K0x3GiJyjUOAStOv6hL8eOyv0LU5C6R4ihjSyY5Zyj3CTZVwN5wfn_QdWnrUyqv3td9Ny7FknGZsAyWFhVqujvnfP324XnvgF20S8BCKd2BGgULMTwMphzgmcQprzmjKn7pS6a9rzowIIb2fa7FhbIHCZrSh3Yn1OHL-zAdETU_vVS2oaUE44A%3D%3D" style="width:350pt;v-text-anchor:middle;" arcsize="17%" stroke="false" fillcolor="#0052ff"> <w:anchorlock/><v:textbox inset="0,0,0,0"><center style="font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]-->
      <a rel="noopener noreferrer" style="display: block; margin: 0px; line-height: 1.2; font-size: 16px; text-decoration: none; color: rgb(255, 255, 255); background-color: rgb(0, 82, 255); border-radius: 8px; text-align: center; padding: 18px 0px;" target="_blank">
       <strong>
        Learn about Bitcoin
       </strong>
      </a>
      <!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->
     </div>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" valign="top" width="100%">
      <tbody>
       <tr style="vertical-align: top;">
        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;" valign="top" width="100%">
          <tbody>
           <tr style="vertical-align: top;">
            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
             </span>
            </td>
           </tr>
          </tbody>
         </table>
        </td>
       </tr>
      </tbody>
     </table>
     <div>
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding-right: 11px; vertical-align: middle;">
          <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="display: block; width: 12px; height: 12px;" width="12"/>
         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            WHALE WATCH
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        Institutional investors double down on crypto
       </strong>
      </p>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      Even though crypto prices have been …
      <i>
       variable
      </i>
      in recent months, global financial institutions have continued to invest in the future of the asset class. Last year, institutional investors traded
      <a rel="noopener noreferrer" target="_blank">
       $1.14 trillion
      </a>
      worth of crypto via Coinbase alone — nearly ten times as much as in 2020. Let’s dig into Wall Street’s latest crypto moves.
     </p>
     <!--[if mso]><ul style="line-height:1.6;mso-line-height-alt:26px;"><![endif]-->
     <!--[if !mso]><!-- -->
     <ul style="margin: 10px 0px 0px; padding-left: 24px; line-height: 1.6;">
      <!--<![endif]-->
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        This week, two members of America’s trillion-dollar bank club announced new crypto offerings
       </strong>
       : Boston-based State Street is working on
       <a rel="noopener noreferrer" target="_blank">
        “mega plans”
       </a>
       to offer crypto services to wealthy clients while BNY Mellon will launch a crypto custody platform
       <a rel="noopener noreferrer" target="_blank">
        later this year.
       </a>
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Both the New York and London stock exchanges are exploring crypto capabilities.
       </strong>
       The NYSE recently
       <a rel="noopener noreferrer" target="_blank">
        filed a trademark
       </a>
       for an NFT marketplace, potentially indicating plans to compete with players like OpenSea. And in a $325 million deal, the London Stock Exchange Group has agreed to buy U.S.-based cloud-tech provider TORA, as part of plans to enable crypto trading and banking.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        E-commerce giants are plotting crypto moves
       </strong>
       . In a
       <a rel="noopener noreferrer" target="_blank">
        recent interview
       </a>
       , eBay CEO Jamie Iannone noted the auction company’s plans to focus on Gen Z and millennial consumers — including last year’s launch of NFT trading and the prospect of soon enabling crypto payments. Further abroad, Japanese e-commerce giant Rakuten has also
       <a rel="noopener noreferrer" target="_blank">
        launched
       </a>
       an NFT marketplace.
      </li>
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        Crypto-focused
       </strong>
       <a rel="noopener noreferrer" target="_blank">
        <strong>
         exchange traded funds
        </strong>
       </a>
       <strong>
        continue to gain traction.
       </strong>
       Valkyrie, which recently launched the “WGMI” Valkyrie Bitcoin Miners ETF, has now crossed
       <a rel="noopener noreferrer" target="_blank">
        $1 billion in assets
       </a>
       for its suite of crypto funds. And the parent company of Grayscale Bitcoin Trust, one of the largest U.S.-based crypto funds, has
       <a rel="noopener noreferrer" target="_blank">
        launched a public campaign
       </a>
       to lobby the SEC to allow spot Bitcoin ETFs to begin trading. (Spot BTC ETFs would hold crypto directly, as opposed to existing ETF products that hold crypto futures or shares in related industries like crypto mining.)
      </li>
     </ul>
     <p style="margin: 0px; padding: 0px;">
     </p>
     <!--[if mso]><ul style="line-height:1.6;mso-line-height-alt:26px;"><![endif]-->
     <!--[if !mso]><!-- -->
     <ul style="margin: 10px 0px 0px; padding-left: 24px; line-height: 1.6;">
      <!--<![endif]-->
      <li style="margin: 0px; padding: 6px 0px;">
       <strong>
        A growing cohort of major corporations is adding crypto to their treasuries.
       </strong>
       Flexport, a global logistics company,
       <a rel="noopener noreferrer" target="_blank">
        announced on Twitter
       </a>
       that it holds some portion of its $1.6 billion balance sheet in BTC.
       <strong>
       </strong>
       Cash App parent company Block, which reported nearly $2 billion worth of BTC revenue in the last quarter of 2021,
       <a rel="noopener noreferrer" target="_blank">
        holds
       </a>
       over $300 million in BTC. And in a bid to promote the participation of women in crypto, KPMG Canada — the Canadian arm of the global accounting giant (which announced that it holds BTC earlier this year) —
       <a rel="noopener noreferrer" target="_blank">
        purchased
       </a>
       a World of Women Ethereum NFT worth $70,000.
      </li>
     </ul>
     <p style="margin: 0px; padding: 0px;">
     </p>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      <strong>
       Why it matters…
      </strong>
      According to a
      <a rel="noopener noreferrer" target="_blank">
       new survey
      </a>
      conducted by Fidelity, 70% of institutional investors expected to buy or invest in digital assets “in the near future.” What’s drawing them? Lots of things — although one possibility is the potential for diversification, given that crypto may offer returns that are less correlated with traditional markets than many asset classes. This week, for example, the S&amp;P 500 shed about 2% since last Friday’s rally while Bitcoin is up 15%.
     </p>
     <div class="cta_button" style="margin: 24px 0px 0px; padding: 0px; width: 50%;">
      <!--[if mso]><table width="100%" cellpadding="0" cellspacing="0" border="0" style="border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style="padding:0;" align="left"> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://links.coinbase.com/u/click?_t=3aca56371967418192255878e9689713&_m=9c98def5b75645a7b41879faa4d1241b&_e=cDROhX0Z-Q_fKHa6HZ53AkVBdqObOoWr1nBAXSTCVpQAWPDVs69VGR3wacgnAPCoGqoX1nKZKhXuCAQ_gI8b3t9onFyFHvobJ7tdmAI8gr96Ybr5WWPhSqQRxcSxq1MP0cu_NMXdIPUcow2iD-YVPABp5wgbmRcXF-4lNRlbJ2GsxKKZYhEVhrMTDq8nGlSvG1XeOqga7m8RVyOsj_23Ej4XCvvIQSraEc4INdvq8LBq4L5BpuQ62nT3RwDWvhjcFmEfIsBX8ejDRAluR9OTyfnhC5uqhmSRq_eWEAxGNx5OJ_xuFqZF5OZzVeZFkjhhM_TWgQTsd42VMFnPYc8QXIyASo8dqSbTi54kZDXpzKUtwiWmLmVMLIuw-Zqw2nefNT2tVuihgzm4Q1ayCdjQVQaORUXucln3O1nh6qdy9Zf2jwXT6UIeEwUi0eqGJ0s9LiZW-tIuHVZqzzf8arVlBNh2s3NwGhAK2TxLTghY1GjWMR_vX1ybYOR8bzDFUP4I" style="width:350pt;v-text-anchor:middle;" arcsize="17%" stroke="false" fillcolor="#0052ff"> <w:anchorlock/><v:textbox inset="0,0,0,0"><center style="font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]-->
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       <strong>
        Read our latest shareholder letter
       </strong>
      </a>
      <!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->
     </div>
     <a rel="noopener noreferrer" target="_blank">
      <!--[if !mso]><!-- -->
      <div class="desktop_hide" style="display: none; max-height: 0px; overflow: hidden;">
       <img src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.ctfassets.net%252Fq5ulk4bp65r7%252F28RPj3RUwCb6Cpby298aZI%252Fc9e876c8644086f83cfcadb4684cb11c%252Fnew_promo-mobile-earn.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMuY3RmYSJ9:1nUZJc:1HZSyHisEg6nxX0Qt-SPES7D-YRKaCC5lCs7GLAwaUM" style="display: block; width: 100%; margin: 64px 0px;" width="100%"/>
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       <img src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.ctfassets.net%252Fq5ulk4bp65r7%252F6I0yCrePeiDJSGjYQ71pdp%252Fea86db5907bfdb3766afc7122b5417de%252Fnew_promo-desktop-earn.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMuY3RmYSJ9:1nUZJc:1HZSyHisEg6nxX0Qt-SPES7D-YRKaCC5lCs7GLAwaUM" style="display: block; width: 100%; margin: 64px 0px;" width="100%"/>
      </div>
     </a>
     <div style="margin-bottom: 16px;">
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding-right: 11px; vertical-align: middle;">
          <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="display: block; width: 12px; height: 12px;" width="12"/>
         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            NUMBERS TO KNOW
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
     </div>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       $3.5 billion
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      Total
      <a rel="noopener noreferrer" target="_blank">
       trading volume
      </a>
      on NFT marketplace OpenSea during February, down from January’s all-time high of $5 billion — but still a historically huge number. February’s most popular NFT collection? The anime-style
      <a rel="noopener noreferrer" target="_blank">
       Azuki
      </a>
      collection, which saw about $160 million in
      <a rel="noopener noreferrer" target="_blank">
       sales
      </a>
      .
     </p>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       $50 million
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      Amount that South African crypto exchange VALR raised in a Series B equity funding round — the
      <a rel="noopener noreferrer" target="_blank">
       largest-ever
      </a>
      crypto fundraise in Africa. Led by Pantera Capital, the round saw additional funding from Alameda Research and
      <a rel="noopener noreferrer" target="_blank">
       Coinbase Ventures
      </a>
      .
     </p>
     <p style="margin: 16px 0px 0px; font-size: 32px;">
      <strong>
       6
      </strong>
     </p>
     <p style="margin: 4px 0px 0px; line-height: 1.6; word-break: break-word;">
      Number of cryptocurrencies that memestock movie chain AMC will accept by mid-March. Moviegoers have been able to pay in BTC, ETH, BCH, and LTC since November, but now CEO Adam Aron
      <a rel="noopener noreferrer" target="_blank">
       says
      </a>
      the company is adding DOGE and SHIB to the list of accepted coins.
     </p>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" valign="top" width="100%">
      <tbody>
       <tr style="vertical-align: top;">
        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;" valign="top" width="100%">
          <tbody>
           <tr style="vertical-align: top;">
            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
             </span>
            </td>
           </tr>
          </tbody>
         </table>
        </td>
       </tr>
      </tbody>
     </table>
     <div>
      <table style="margin: 0px; padding: 0px;">
       <tbody>
        <tr>
         <td style="margin: 0px; padding-right: 11px; vertical-align: middle;">
          <img height="12" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252Fdot-1.5x.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="display: block; width: 12px; height: 12px;" width="12"/>
         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            TOKEN TRIVIA
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
      </table>
      <p style="margin: 5px 0px 0px; font-size: 32px; line-height: 1.26; word-break: break-word;">
       <strong>
        When did Ethereum originally launch?
       </strong>
      </p>
     </div>
     <div style="margin-top: 16px;">
      <table style="line-height: 1.6; word-break: break-word;">
       <tbody>
        <tr>
         <td style="padding-right: 12px;">
          <strong>
           A
          </strong>
         </td>
         <td>
          2008
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           B
          </strong>
         </td>
         <td style="padding-top: 12px;">
          2010
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           C
          </strong>
         </td>
         <td style="padding-top: 12px;">
          2015
         </td>
        </tr>
        <tr>
         <td style="padding-right: 12px; padding-top: 12px;">
          <strong>
           D
          </strong>
         </td>
         <td style="padding-top: 12px;">
          2017
         </td>
        </tr>
       </tbody>
      </table>
     </div>
     <p style="margin: 16px 0px 0px; line-height: 1.6; word-break: break-word;">
      Find the answer at the end of the email.
     </p>
     <div class="cta_button" style="margin: 24px 0px 0px; padding: 0px; width: 50%;">
      <!--[if mso]><table width="100%" cellpadding="0" cellspacing="0" border="0" style="border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td style="padding:0;" align="left"> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://links.coinbase.com/a/click?_t=3aca56371967418192255878e9689713&_m=9c98def5b75645a7b41879faa4d1241b&_e=cDROhX0Z-Q_fKHa6HZ53Au5ttWOdaVGzRr4jujbL5dxLmXks50yG7KyMNu_ZRPWfz5YnnlFdwfkD9VMfLbFDg67EsbuVVaRQDsHGetrQgBkm9sAftagr6iZD7wWTb0hYQVhovlQbG-Iyqdck-zg86-f8l8wkm3DOhwDXXJ6U7GQVA-9eZue9XKMGWlTzqvzVX7Ykyzkmkydss-3QafNKOF0pV_aIxHyRtjZiGEIHqEaaa2X24B2XT6YFjfWsZmV7uPcVhyebfm-rWtGR55m3kmjuCYEbVegPKIMuv5Mj_SaZH1Ko_WZDF9MfAu2klDEhIElgmcjXAuuqfWbSH8w07pKCCSmirfyVbdaLrjcTasjqnwJOGhHAEAYbaArMWKoxyqrPDVB8oh9eAk_hyIKTdbLxTpYIP4V8e02-fjozWgG7qImu7UTmkP-8sekUMFijJRK6jUy8ZSAWG6C82Fu-hg%3D%3D" style="width:350pt;v-text-anchor:middle;" arcsize="17%" stroke="false" fillcolor="#0052ff"> <w:anchorlock/><v:textbox inset="0,0,0,0"><center style="font-family: Helvetica Neue, Helvetica, Arial, sans-serif;"><![endif]-->
      <a rel="noopener noreferrer" style="display: block; margin: 0px; line-height: 1.2; font-size: 16px; text-decoration: none; color: rgb(255, 255, 255); background-color: rgb(0, 82, 255); border-radius: 8px; text-align: center; padding: 18px 0px;" target="_blank">
       <strong>
        Learn about Ethereum
       </strong>
      </a>
      <!--[if mso]></center></v:textbox></v:roundrect></td></tr></table><![endif]-->
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         </td>
         <td style="margin: 0px; padding: 0px; vertical-align: middle;">
          <p style="margin: 0px; font-size: 16px; letter-spacing: 0.075em;">
           <strong>
            NOW TRADING ON COINBASE
           </strong>
          </p>
         </td>
        </tr>
       </tbody>
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     <a rel="noopener noreferrer" style="color: rgb(10, 11, 13); text-decoration: none;" target="_blank">
     </a>
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      <tbody>
       <tr>
        <td style="font-size: 32px; line-height: 1.26; word-break: break-word; vertical-align: middle; white-space: nowrap;">
         <strong>
          ALICE
         </strong>
        </td>
        <td style="vertical-align: middle; padding-left: 12px;">
         <img height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fdynamic-assets.coinbase.com%252Fb2283dc70d6b77ec92abb1b3c82d8533507ebff57ae763daaad24a24538b6ba04801957659ff30860454993c99722e0dfce9d5cb5821ffc8798b97d491c362d6%252Fasset_icons%252F522377a067e384ffbd812fe3a8f9a53a08cde192ee6fb6411867da905c90d338.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkeW5hbWljLWFzcyJ9:1nUZJc:v1sA_kyLIeXnbK-cVjPJYYCNAz7a5rqiq7nRHdG0Z_s" style="display: block; width: 26px; height: 26px; vertical-align: middle;" width="26"/>
        </td>
        <td style="vertical-align: middle; text-align: right; width: 100%;">
         <img height="18" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252FNewsletter%2520Assets%252Fnewlistings_light.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="width: 21px; height: 18px; vertical-align: middle;" width="21"/>
        </td>
       </tr>
      </tbody>
     </table>
     <p style="margin: 0px; line-height: 1.6;">
      ALICE is an Ethereum token that powers My Neighbor Alice, a blockchain-based multiplayer game that lets players build virtual homes, farms, and more.
     </p>
     <table role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; min-width: 100%; text-size-adjust: 100%;" valign="top" width="100%">
      <tbody>
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        <td style="word-break: break-word; vertical-align: top; min-width: 100%; text-size-adjust: 100%; padding: 48px 0px;" valign="top">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="table-layout: fixed; vertical-align: top; border-spacing: 0px; border-collapse: collapse; border-top: 2px solid rgb(222, 224, 226); width: 100%;" valign="top" width="100%">
          <tbody>
           <tr style="vertical-align: top;">
            <td style="word-break: break-word; vertical-align: top; text-size-adjust: 100%;" valign="top">
             <span>
             </span>
            </td>
           </tr>
          </tbody>
         </table>
        </td>
       </tr>
      </tbody>
     </table>
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      <strong>
       Trivia answer
      </strong>
     </p>
     <table style="margin: 12px 0px 0px; line-height: 1.6; word-break: break-word;">
      <tbody>
       <tr>
        <td style="padding-right: 12px;">
         <strong>
          C
         </strong>
        </td>
        <td>
         2015
        </td>
       </tr>
      </tbody>
     </table>
     <table style="margin: 48px 0px 0px;">
      <tbody>
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        <td style="text-align: left;">
         <img alt="Coinbase" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fd15k2d11r6t6rl.cloudfront.net%252Fpublic%252Fusers%252FIntegrators%252F669d5713-9b6a-46bb-bd7e-c542cff6dd6a%252F3aca56371967418192255878e9689713%252FRebrand%2520Assets%252Fcoinbase_footer_wordmark.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZkMTVrMmQxMXI2dCJ9:1nUZJc:uhKnq6air4616mVi98rpjKhp5V8nptt_-Sl5IzXONj0" style="display: block; height: 26px; margin-bottom: 24px;"/>
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