THELOGICALINDIAN - Curve Ren and wBTC are amid the tokens added
Coinbase has added a new accumulation of tokens to its aegis service, as appear today on the company’s Twitter account.
Six New Coins
Coinbase Custody will abutment six new tokens. The latest accession includes four DeFi tokens: Curve (CRV), Ren Protocol (REN), NuCypher (NU), and DFI Money (YFII). It additionally includes two captivated Bitcoin tokens: wBTC and tBTC, both of which acquiesce Bitcoin to be spent on Ethereum’s advanced alternative of DeFi apps.
Coinbase’s accommodation to add abutment for those tokens follows several added contempo additions, including Filecoin (FIL), Polymath (POLY), and Serum (SRM). As of October, 37 tokens are beneath consideration.
These bill are not necessarily listed on Coinbase’s barter for trading. Rather, they are accurate by the company’s aegis service, which is aimed at institutional investors who charge a way to to deeply abundance their cryptocurrency holdings.
Coinbase in the News
Coinbase is additionally in the account for several added reasons. Earlier this week, it was revealed that the aggregation helped Microstrategy CEO Michael Saylor accomplish his behemothic bet on Bitcoin via an OTC deal.
Not all advantage has been positive: the aggregation currently faces tough authoritative threats and widely publicized ancestral tensions amid staff. However, today’s amend suggests that the firm’s careful arm is focused on accretion abutment for new cryptocurrency assets.
Coinbase is one of the better agenda bill exchanges, with a daily trading volume of $840 actor in the aftermost 24 hours.
