Coinbase Custody

medium.com

Coinbase continues to advance its position as a first-mover in the crypto space. What started out as one of the first on-ramps to crypto for users to purchase Bitcoin with their bank accounts has grown into a full-blown financial platform. Custody is Coinbase's latest announcement of a service for institutional clients to store crypto-assets. Storage may seem boring but it's a very important factor for firms that are managing a large amount of wealth in crypto, which is analogous to cash (security is ap in how it is managed.  

By some estimates there is $10B of institutional money waiting on the sidelines to invest in digital currency today.

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