Immediately Coinbase introduced that it has formally opened up Coinbase Custody for institutional traders.
The announcement, written by Sam McIngvale, product lead at Coinbase Custody, said that Coinbase Custody accepted its first deposit final week earlier than its official launch right this moment.
Over the approaching weeks, we’ll proceed on-boarding a set of world-class shoppers that features main crypto hedge funds, exchanges and ICO groups.
Results on Value and Quantity
Already over the previous few days, the cryptocurrency market has witnessed an inflow of latest money. Primarily based on Coinbase’s announcement, it’s protected to imagine that institutional on-boarding began final week,