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Coinbase Custody has simply added Elrond, Fantom, and NKN within the newest token itemizing spherical of 2021.
Coinbase Itemizing Spree Focuses on Establishments
The three tokens at the moment are out there by way of Coinbase Custody. The service takes custody of its customers’ funds and is primarily geared toward bigger scale buyers.
The trade has been busy including assist for brand new tokens this month. Final week, the platform added mStable’s MTA token, in addition to ANKR. Earlier than that, Rally and BarnBridge‘s tokens had been added. All the current additions are related to DeFi.
The growth means that the corporate is additional eyeing establishments as a goal market.
Along with Coinbase Custody, the trade makes use of Coinbase Prime to draw “asset managers, corporates, hedge funds, VCs, excessive internet value people, endowments, household places of work, non-public wealth managers, and sovereign wealth funds.”
Final week, the corporate rebranded its Twitter web page to Coinbase Institutional.
We’ve up to date our Twitter deal with from Coinbase Custody to Coinbase Institutional. Content material for Coinbase Custody will nonetheless be shared right here, however we are going to now additionally embody information from Coinbase Prime and different institutional information for Coinbase. pic.twitter.com/d0cyb7QolD
— Coinbase Institutional (@CoinbaseInsto) January 21, 2021
With an growing variety of large gamers coming into the crypto house, evidently the corporate’s technique entails specializing in its institutional model.
Disclosure: Ankr is a sponsor of Crypto Briefing.
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Coinbase Custody Adds Three More Tokens in Listing Spree | Crypto Briefing