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Better Crypto Stock: Coinbase Global vs. Silvergate Capital


It's still the wild west for the cryptocurrency market. To date, most owners of cryptos hold or trade them, because they think they will go up in value. Few use them as a form of digital payment or for some other decentralized finance (or "DeFi") use case -- although that is quickly changing.

The recent precipitous fall in crypto prices sent shares of both Coinbase Global (NASDAQ: COIN) and Silvergate Capital (NYSE: SI) into a tailspin too, but these two companies have emerged as promising leaders in this space. One of them looks like the better buy right now.

Image source: Getty Images.

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Source Fool.com

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