This Coinbase has funded through a new subsidiary Coinbase Asset Management. These popular Cryptocurrency exchanges confirmed this step on March 6 through a blog post. This step has not been exempted completely from the blue; hence the company's asset management services are an obvious indicator of the growing focus of the company when presenting it as a strong player in the market. This Coinbase has announced that it has launched a weighted index fund for cryptocurrencies.
Is it eligible to ride the crypto wave under the relative safety given by the Coinbase Asset Management? This will initially target only recognized investors in these United States, whose net worth is at least $ 1 million, 'Excluding Housing' can take advantage of the new Coinbase Index Fund, depending on your annual salary and / or net worth because only those investors get the minimum annual salary of $ 200,000.