2018-7-3 22:17 |
On July 2, 2018, Coinbase officially launched Coinbase Custody.
After accepting its first trial deposit last week, the newly introduced custodial service is up and running.
“Today, we’re proud to announce that we’re officially open for business,” Coinbase Custody’s Product Lead Sam McIngvale writes in a blog post.
Its goal is “to make digital currency investment accessible to every eligible financial institution and hedge fund in the world.” Coinbase Custody will offer its clients cryptocurrency cold storage options, “institutional-grade broker-dealer” services, and asset coverage.
Coinbase Custody will also make use of the “expertise and system” offered by Electronic Transaction Clearing’s (ETC), a FINRA member and SEC-compliant broker-dealer, the blog post states.
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