Coinbase’s master plan to bring $10 billion of Wall Street money into Bitcoin and crypto just hit a major milestone.
The leading US crypto exchange says its institutional crypto storage solution Coinbase Custody now has $1.3 billion in assets under custody. The company says it won’t be long before that number jumps to $2 billion.
Coinbase Custody is only available to institutional investors with at least $10 million in deposits. The platform currently supports a total of 27 crypto assets covering more than 90+ percent of crypto by market capitalization.