Coinbase Rolls Out Crypto Storage Service For Financial Institutions

Announcements, News | May 15, 2018 By:

Cryptocurrency exchange Coinbase is formally launching Coinbase Custody, a crypto storage service directed specifically at large financial institutions.

Coinbase Custody, first announced last year, is a partnership with ETC, a SEC-regulated broker-dealer, that will store cryptocurrency for its clients. It provides extra security measures and complies with a series of regulations required by banks and investment companies.