Coinbase, the popular cryptocurrency platform announced on their blog friday that Coinbase Custody is exploring a range of including over 40 new digital assets. They said that Coinbase Custody is exploring the addition of many existing and forthcoming crypto assets for storage only, and will be working to add them as quickly and safely as possible. At this time, they have not yet considered the assets for trading. They are making this announcement internally at Coinbase and to the public at the same time to remain transparent with their customers about support for future assets. Coinbase Custody is a custodial service for institutional clients optimized for storing large amounts of cryptocurrency in a highly secure way. As they’ve stated before, Coinbase Custody will likely support more assets than those available to trade through other Coinbase products. Asset additions to Coinbase Custody have no bearing on whether they will be added to other Coinbase products. Asset additions for trading must pass their Digital Asset Framework.
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About the writer: Ava Lauren
As an expert on cryptocurrency related topics, I've found myself working as a Journalist at TheCryptoCoinCenter.com. I write articles related to bitcoin and other cryptocurrencies. Email me