Topic: Coinbase Custody is Officially Open For Business (Read 166 times)

Coinbase announced that they have officially opened Coinbase Custody for institutional investors.
The announcement, written by Sam McIngvale, lead product at Coinbase Custody, claims that Coinbase Custodian accepted its first deposit last week before its official launch yesterday.
McIngvale said, "In the coming weeks, we will continue to engage a range of world class clients including hedge funds, trading platforms and leading ICO teams.
- Influence on price and volume
Over the past few days, the electronic money market has witnessed a new cash flow. Based on Coinbase's announcement, it is safe to assume that boarding was started last week and that the group is currently working on new facilities.
- Additional plan for Coinbase
The Coinbase Monitoring Process Notice also includes other plans that the company has to expand its business.
Coinbase Custody is only available for organizations in the United States and Europe, but the company plans to open services in Asia before the end of the year.
- Tool kit for Ramp supply organizations
According to CCN reports, Coinbase has worked on a multi-faceted toolkit for institutional investors and hedge funds. Coinbase Custody is a combination of tools from the new suite of products, including secure storage, agent-level brokerage, reporting, and customer support / service.
Along with the development of the software suite, Coinbase has worked hard with the regulators to get the license to do business at the organizational level. To achieve the status of a brokerage agent regulated by the SEC, Coinbase Custody has partnered with Electronic Payment Transaction (ETC).

I will examine their new service in the next weekend it seems to be interesting. Actually I do not love forecast and voting systems because they usually give wrong forecasts but it does not mean that the similar services are useless because they can give interesting advices to think about.

Coinbase is growing in the cryptocurrency market and I believe that the things that coinbase do are very professional. I regularly use Coinbase online wallet and I will continue to trade there.

crypto market there are various types of coins after inventions of btc many coins came but if you need to switch another coin then you need to think twice and before investing coins because many of them suffer from scams and price.

I think it’s a great news for this market. If this types of initiative takes by the authority then people will more influence to invest on this project.

I guess this is to encourage institutions to invest  in cryptos

This is a good news to hear at least it will open more doors for more investors to come into the space and invest in the crypto space. but I don't coinbase alone can bring about bull run for the whole crypto space.

This is a goodnews coinbase has already earned the trust of the community for many years. Well see what market will they offer hoping they will add some tokens too.

Its a good news and positive news for the crypto space, because the recent issues surrounding has caused alot of tumour and downtrend in prices which is not good enough.

Moreover, there have been several positivity around and surrounding bitcoin lately, but im amused most of the news had little effect on the prices of altcoins and BITCOIN, im not sure why, but we can only hope things turn around and the whales are handled thoroughly.

A very good news to hear that the coinbase custody has proudly announced their official opening for business.

Wow, that’s a great news. Coinbase custody is very good and it has many unique features in it. BTC price is recovering and it is taking the market in a new level. The market condition is improving day by day.

coinbase custody is a great move for a cryptocurrency industry now millionaire and billionaire can store cryptocurrency safely which will attract billions of dollars in cryptocurrency industry

Coinbase custody has declared to be officially open. It has accepted it's first deposit. Their aim is to make cryptocurrency accessible to every eligible institution.

Before jumping in on the investment of any such initiative, we need to check for the authenticity and see if there are legit source which can vouch for it. This is done to look out for scammer and to save ourselves. Also we need to see the demand the people holds for it.

The price has already started increasing. I hope it will exceed the previous record now.

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 unique features include:

On-chain segregation of crypto assets
Split, offline private keys that require a quorum of geographically distributed agents to use cryptographic hardware to sign transactions
Multiple layers of security
Robust cold storage auditing and reporting

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"Coinbase Custody is Officially Open For Business" added for voting, proof and forecast on YEENOT TODAY https://yeenot.today/catalog/news/356
BTC price go to new level?