💰 Coinbase reportedly secures $20 billion hedge fund through its brokerage services
According to Business Insider, major US crypto wallet and exchange Coinbase secured an unnamed $20 billion hedge fund and is seeking partnerships with other large hedge funds for its custody service. Coinbase's "Coinbase Custody" provides a digital assets custodian solution for large institutional investors. The service is secured through an independent broker, Electronic Transaction Clearing (ETC).
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