What bothers me is all these companies trust coinbase to be the custodian. I don't want trillions in wealth trusted with them a single point of failure.
Discussion
That's the main reason I don't invest in these conpanies. I don't know what these fancy bonds and preferred stock options mean, but I'm studied #bitcoin cybersecurity for over a decade.
I am not comfortable with the cybersecurity of any of the public companies that outsource this.