Crypto market suddenly spike after Coinbase Announces the Custody is Officially Open For Business. If you'd like to ask yourself, Is it the start of crypto bull market? By the way, lets get back to coinbase's statement. According to the article, Last week, Coinbase Custody accepted its first deposit. Today, we’re proud to announce that we’re officially open for business. Over the coming weeks, we’ll continue on-boarding a set of world-class clients that includes leading crypto hedge funds, exchanges and ICO teams.
Coinbase Custody’s mission is to make digital currency investment accessible to every eligible financial institution and hedge fund in the world.
Crypto asset security
Over the past six years, Coinbase has pioneered leading crypto storage techniques and is currently responsible for the custody of more than $20 billion in crypto assets.
A custody offering through a regulated, institutional broker-dealer
Coinbase Custody leverages the expertise and systems of our partner Electronic Transaction Clearing (ETC). ETC is a SEC-registered broker-dealer and FINRA member subject to regulated financial reporting and independent audits.
Read the full blog, via; https://blog.coinbase.com/coinbase-custody-is-officially-open-for-business-182c297d65d9
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