Coinbase Ventures: Optimistic about industry prospects in 2024 and expects investment activity to grow

Coinbase Ventures continues to invest in 2023 and is "increasingly optimistic" about the future. A spokesperson for Coinbase Ventures said: “Our view is that 1) increased regulatory transparency (primarily outside the United States), 2) maturity of protocol infrastructure, 3) institutional participation, and 4) user interaction with on-chain products Innovation in approach, the convergence of these factors lays the foundation for a bright future in 2024. Our commitment is global and unwavering, and we expect investment activity to grow in 2024." Coinbase Ventures will continue to invest in areas that accelerate the introduction of the next billion users on-chain, including crypto infrastructure and consumer applications such as social and gaming, and also sees opportunities in combining the artificial intelligence and cryptocurrency fields. The company will also look to expand support for Base team building through the Base Ecosystem Fund. (The Block)