Coinbase will be offering its block trading facility on its professional trading platform GDAX which will allow institutional investors to trade digital currencies in bulk.
Given the explosion of the cryptosphere, Coinbase’s valuations have soared by 500% during the last eight months.
Coinbase has said that the team of Earn.com will be completely integrated into Coinbase’s operations while its existing business will continue.
The cryptocurrency exchange that has significantly stimulated the popularity of Bitcoin is trying to play by the rules of the game set by the United States Securities and Exchange Commission – and definitely does it in a beneficial manner.
Coinbase Venture will help in offering finances to early-stage companies working in the blockchain and cryptocurrency space.