Home coinbase Coinbase Custody Will Serve As A Custodian For 21Shares AG

Coinbase Custody Will Serve As A Custodian For 21Shares AG

  • The Singapore-based financial technology firm 21Shares AG has recently announced that the firm has selected Coinbase Custody. To store its digital assets for Bitcoin ETP.
  • The firm started in its announcement that after reviewing its institutional-grade offline storage solution, it has chosen the Coinbase Custody.
  • According to 21Shares AG, Coinbase serves a wide range of institutional clients.

The Singapore-based financial technology firm 21Shares AG has recently announced that it has selected Coinbase Custody to store its digital assets for Bitcoin ETP. On July 02, 2020, the firm is going to list its 21 Shares Bitcoin ETP on the Deutsche Börse’s Xetra electronic venue.

Coinbase Has A Wide Customer Base

Apart from this, the Coinbase Custody moves on Twitter sharing there excitement for getting selected by 21Shares as custodian for their 21Shares Bitcoin ETP.

However, the Coinbase Custody will function as a custodian for the underlying assets of Bitcoin ETP. Additionally, the firm started in its announcement that after reviewing its institutional-grade offline storage solution, it has chosen the Coinbase Custody. This includes high-class security, issuance coverage, and regulatory compliance.

According to 21Shares AG, Coinbase serves a wide range of institutional clients. The CEO Hany Rashwan notified that the firm honored to bring this significant product to Europe.

Coinbase Listed COMP To Its Platform

Furthermore, the firm will offer its investors access to the great asset class of the last decade. coinbase is committed to serving the next ten years through a transparent and regulated crypto ETP product suite.

Besides this, Coinbase is a leading cryptocurrency platform that serves over 30 million accounts across 100 countries. Recently, the San Francisco-based exchange has revealed that it has listed COMP token in its platform.

Moreover, COMP recently listed on the exchange’s professional trading platform Coinbase Pro. While the exchange notified this announcement in its blog stating the users of Coinbase can now start buying, selling, or store COMP.

Download our App for getting faster updates at your fingertips.

en badge web generic.b07819ff

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.

We Recommend

Top Rated Trading Platforms

Top Rated Cryptocurrency Exchange

Partners

Must Read

XRP jumps around 30% in 24 hours

The price of XRP jumped around 30% in the last 24 hours, at $0.4XRP surpassing the major cryptocurrencies over the week in...

Paradox Group launches new Crypto marketplace

Many blockchains and digital asset companies find it hard to advertise effectively. Not only have these companies been barred from mainstream advertising...

Digital change is essential however we don’t uphold private cryptocurrencies- German Finance Minister

Germany's Finance Minister Olaf Scholz has referenced secretly given cryptocurrencies resources.The European Union (EU), including Germany, is quickening innovative work on the...

Utilizing blockchain to screen the COVID-19 vaccine supply chain

Blockchain offers a changeless, decentralized information base that can enable all gatherings to ensure that antibody supplies are being put away and...

Leaked Citibank details Reveals Bitcoin Could Rocket To $300,000 Price By End Of 2021

Bitcoin has detonated in the most recent couple of weeks, adding to increases through 2020 that is seen more than twofold in...

Airbnb plays blockchain popular expression bingo in $ 1B IPO documenting with SEC

Crypto firms are genuinely attempting to restore the gravely hit travel area utilizing conveyed record innovation. The record rolls out an elite of...

Related News

Digital change is essential however we don’t uphold private cryptocurrencies- German Finance Minister

Germany's Finance Minister Olaf Scholz has referenced secretly given cryptocurrencies resources.The European Union (EU), including Germany, is quickening innovative work on the...

Airbnb plays blockchain popular expression bingo in $ 1B IPO documenting with SEC

Crypto firms are genuinely attempting to restore the gravely hit travel area utilizing conveyed record innovation. The record rolls out an elite of...

The Cryptocurrency Mining Equipment market is skyrocketing

Stratagem Market Insights added an overview of the Cryptocurrency Mining Equipment MarketThe insider report covers various aspectsDifferent methodology to study the competitive...

Brazilian Indigenous Tribes Neglected by the Government

Jair Bolsonaro, The President of Brazil, is known for looking down on its indigenous people. He is racist and discriminative towards themHe...

ZebPay to Dispatch India’s non-fungible Crypto Token and Commercial Center

A non-fungible token (NFT) is a cryptographic symbolic that speaks to something exceptional and has singular qualities that set them apart. The distinction...