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Custodial Solutions Are Latest Innovation In Cryptocurrency Ecosystem As Seen By Coinbase And Others

From forbes.com

Custody solutions (products offered by third party providers of storage and security services for cryptocurrencies) have become the latest innovation to emerge from the cryptocurrency ecosystem. The introduction of custodianship is expected to herald the entry of institutional capital into the industry, acting as the missing link investors and fund managers have been seeking for entrance into the crypto market. The largest U.S. cryptocurrency operator, Coinbase, estimates $20 billion worth of crypto is sidelined until custody solutions make sense. Sam McIngvale, who’s leading the Coinbase Custody project, believes ... (full story)

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  • Category: Fundamental Analysis