THE HASH: Coinbase Becomes First Crypto Firm to Enter Fortune 500 List and the Latest from Davos

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Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 24 May 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Tuesday, May 24, 2022. "The Hash" team discusses Coinbase becoming the first crypto company to be included in the Fortune 500 list, Central African Republic's move to embrace crypto and the conversations around cryptocurrencies at the World Economic Forum annual conference in Davos. - Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Visit coindesk.com/consensus2022 to get your pass today. This episode has been edited by Michele Musso. Our Executive Producer is Jared Schwartz. Our theme song is “Neon Beach. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This is the hash podcast.
0:09.6	Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more,
0:14.5	with stories that matter to the crypto world, all on the hash for your ears.
0:20.0	You're listening to the Coin Desk Podcast Network.
0:24.7	Hey there, it's The Hash on Coin Desk TV.
0:27.4	You're watching this.
0:28.4	Maybe you're listening to it.
0:29.9	We're happy that you're here.
0:31.2	I am Zach Seward.
0:32.3	We're joined today by Wendy O.
0:33.9	Jen Sennassie and Will Foxley.
0:36.3	Jen has our first story and she will take it from here, Jen.
0:39.0	Yeah, Coinbase is the first crypto company to join the Fortune 500 list.
0:44.7	So they had a recorded revenue of over $7.8 billion last year.
0:50.5	The exchange was noted by Fortune Editor-in-Chief, Alison Chantel, as one of several pandemic
0:56.2	winners that thrived under the freakish circumstances of COVID and flourished thereafter.
1:03.5	So the first crypto company to enter that Fortune 500, of course, we know Walmart, Amazon,
1:09.8	Apple holds the first three spots. Maybe we're going to see
1:12.7	some more crypto companies creep onto the list. Wendy, I'm going to pass this down to you.
1:17.8	Is this a cause for celebration in your world? Well, we all have a love and hate relationship with
1:24.8	Coinbase because anytime the market is going crazy,
1:28.3	Coinbase can go down at time. So I think that this is exciting because it does put the spotlight
	...

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