Better Buy: Coinbase Global vs. Intercontinental Exchange
A marketplace is one of the best business models to have. Once it is set up, a company can sit back and collect a small fee on every transaction. As long as the buyers and sellers continue showing up, there isn't a lot of investment required as activity grows. That means past a certain point, it's mostly profit.
It's worked for companies like eBay and Etsy in retail, and Coinbase (NASDAQ: COIN) and Intercontinental Exchange (NYSE: ICE) are putting the concept to work in the financial market. Let's dig deeper to discover which would make the better investment, the platform serving traditional financial interests or the one trying to establish a beachhead in the new crypto economy.
Image source: Getty Images.
Source Fool.com
