Today we’re proud to announce that , the world’s largest digital asset fund manager, has chosen to store its digital assets. Coinbase Custody will serve as custodian for the underlying assets in Grayscale’s family of products, which include , , , , , , and . Coinbase Custody is also exploring support for Horizen (ZEN), pending regulatory approval.
Grayscale’s decision to trust its client’s assets to Coinbase Custody comes after a thorough and systematic review. Grayscale’s team undertook a comprehensive diligence process which focused on factors such as security, regulatory compliance, insurance coverage, and the overall ability of its custody partner to scale with their business. We’re honored to have been selected based on such a robust evaluation process.
Coinbase is committed to serving a wide spectrum of institutional clients including hedge funds, family offices, endowments and proprietary trading desks as they decide to onboard crypto. Our institutional range of products provides a seamless, powerful and compliant ecosystem for our clients to trade, store and interact with their crypto. The suite combines access to the world’s largest pool of regulated, verified crypto liquidity through with high performance APIs and a high-touch coverage team. Paired with access to our global and Coinbase Custody’s highly secure and insured storage platform, Coinbase delivers the trust, security, and performance needed by investors to trade with confidence.
Dec 5, 2023
Dec 4, 2023
Americans’ #1 objection to using cash in the current financial system is that there are too many fees to access and move their money. Stablecoins offer consumers all the benefits of cash without the drawbacks, including being cheaper and faster to move.