Crypto Exchange Giant Coinbase Announces Launch of New Crypto-Focused Think Tank

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The leading US-based crypto exchange is announcing the launch of the Coinbase Institute, a new global think tank created to debate and advance the future of crypto and Web 3.0 protocols.

According to a new Coinbase blog post, the think tank is launching with the purpose of bringing together academics, policymakers, and prominent figures within the crypto community to research and discuss the future of blockchain-based technologies.

“Our mission is to accelerate rigorous, novel research, and to bring together the best minds across disciplines to fuel progress on decentralization, Web 3.0, and the future of finance. Our work will cut across many disciplines and provide expert analysis and insights about what’s happening in the global cryptoeconomy.”

Coinbase Institute will not only publish its research and host collaborative discussions between the aforementioned groups, but also create partnerships with academic institutions and other think tanks to promote innovation and design an in-house team to advance public knowledge of digital assets.

The think tank is hitting the ground running, releasing three projects during its launch: a report on how virtual assets use energy and the carbon footprint they leave behind, a monthly insights report on the digital assets market, and a partnership with the University of Michigan that will have the school surveying US household about their attitudes on cryptocurrencies on an annual basis.

Coinbase says that original research from the think tank itself is on the horizon.

“We’re still at the early stages of the cryptoeconomy’s evolution, and it’s here to stay. In the future, the Coinbase Institute plans to publish more original research papers and to convene thoughtful discussions around our [goals].”

Hermine Wong, Coinbase’s current director of policy, will also be serving as the director of the Coinbase Institute, according to the blog post.

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