Coinbase Earn announced support for DAI – the first stablecoin added to the exchange’s educational program.
Coinbase Custody announced that they will be supporting Blockchain Capital (BCAP) deposits and withdrawals. Blockchain Capital’s native token BCAP is one of the very first security tokens for which they conducted an STO in April 2017.
Coinbase is in advanced talks to buy custody provider Xapo. The deal will cost around $50 million for the US major cryptocurrency exchange. However, the decision hasn’t been made yet.
Brian Armstrong said in an interview at the Consensus 2019 event that Coinbase Custody now manages over $1 billion in crypto assets with 60% of the Coinbase Pro trading volume coming from institutions.
Coinbase-backed security token startup Securitize has launched a referral network of sorts to help companies issue and manage digital securities through their newly announced “Securitize Ready Program”.
San Francisco-based cryptocurrency exchange Coinbase announced Friday an expansion of its custody business to help its clients squeeze more yield out of the assets stored on its platform. Tezos chosen as their first staking asset.
Coinbase has completed its first OTC trade from cold storage offering investors with immediate liquidity on their offline funds while improving transaction speeds without jeopardizing security.
As a result of the deal, newly launched TokenSoft Global Markets LLC. will enable issuers to choose whether to host a token sale themselves or work with a broker-dealer to manage the token sale on their behalf.
The service targets instutitional investors, but all Coinbase customers could potentially benefit from lower volatility provided by the OTC trading desk.