Because the begin of 2019, Coinbase Custody has rolled out help for 20+ new cryptocurrencies. It’s our aim to supply a protected, regulated and insured storage platform for all of the property our purchasers request and that move our inner evaluations.
Over the primary half of 2019, Coinbase Custody has been busy including new options and help for the property that our purchasers have requested. We not too long ago turned the primary institutional-grade, qualified custodian to offer staking services for property held offline. We’re additionally among the many first to supply OTC buying and selling straight from chilly storage. These choices are permitting our purchasers to take part in all sides of the cryptoeconomy — buying and selling, staking, governance — all whereas preserving their property securely offline and protected by our comprehensive insurance policies.
On the asset entrance, we’ve added help for practically 20 new property over the primary few months of 2019, taking our complete asset help to greater than 30. These property embrace widespread cryptocurrencies like Augur (REP), ZCash (ZEC) and Tezos (XTZ), but additionally smaller-cap initiatives like FOAM (FOAM), Kin (KIN) and Maker Dai (DAI).
The number-one driver of our determination to help property is shopper demand — we prioritize the property our purchasers want. Along with shopper demand, we now have developed a sturdy inner course of to guage and approve property for Coinbase Custody. Over the approaching months, it's best to anticipate to see extra property supported on Coinbase Custody, however please take into account that asset additions to Coinbase Custody don't have any bearing on whether or not they are going to be added to different Coinbase merchandise. Asset additions for buying and selling should move our Digital Asset Framework.
Coinbase Custody is constructing the world’s main crypto-native custodian. In the event you’re all in favour of serving to to construct the utility section of crypto, the team is hiring.