'Coinbase Custody' for Institutional Investors Goes Live
Coinbase Custody allows institutional investors to safeguard digital tokens in a manner similar to traditional securities.
- Team CryptoGround
- Jul 03, 2018
Coinbase Custody allows institutional investors to safeguard digital tokens in a manner similar to traditional securities.
Speculations about Facebook acquiring cryptocurrency giant Coinbase have intensified following Facebook’s policy reversal on cryptocurrency advertisements.
Brian Armstrong, the co-founder and CEO of US-based popular cryptocurrency exchange Coinbase, has launched a charity platform GiveCrypto.org. It aims to financially empower people by distributing cryptocurrency globally.
The investors can invest from $250,000 to $2 million.
In their latest announcement, Coinbase has now confirmed that they will be listing Ethereum Classic (ETC) cryptocurrency in the coming months.
Coinbase has taken another step forward towards getting registered as a broker-dealer by the SEC after acquiring Keystone Capital for an undisclosed amount.
The company has opened a new office there under the leadership of fin-tech steward Nao Kitazawa as the CEO.
Coinbase Pro is the updated version of GDAX - its trading platform for the individuals.
Coinbase has reportedly been in talks with the US Office of the Comptroller of Currency (OCC) and it intends to apply for a federal banking license soon.
Coinbase has now introduced a set of products and services aimed specifically at the needs of institutional investors.