RATE Group | Cryptocurrency adoption taken to the next level with Coinbase Custody International.
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Cryptocurrency adoption taken to the next level with Coinbase Custody International.

30 Jan Cryptocurrency adoption taken to the next level with Coinbase Custody International.

Posted at 08:19h in Cryptocurrency News by

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  • The US-based cryptocurrency exchange launched a new unit in Dublin, focused on international investors.
  • The cryptocurrency market is poised for further gains as institutional investors are expected to come in.

The largest cryptocurrency in the US, Coinbase, has established a new custody unit based in Dublin, to make its custody services available for international investors. The comoany made the announcement on Twitter and in the blog post:

Today we’re announcing the launch of Coinbase Custody International. Based in Dublin, Ireland, the new entity will offer the same industry-leading crypto asset storage that has made Coinbase Custody the world’s leading and most trusted crypto custodian.

Notably, the company plans to transfer all staking activities to the new unit with the aim to provide the broadest digital asset coverage as an institutional-grade custodian. According to the Coinbase statement, the dedicated subdivision in Europe will allow improving…

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