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The New Bitcoin Banks Are Here

A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stableco..

How Coinbase Quietly Became the World’s Biggest Bitcoin Bank

On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more th..

Crypto Giant Coinbase Looks to Entice Institutions With $55 Million Xapo Deal

With the custody of crypto assets becoming of utmost importance, industry startups have been doing anything in their power to make a foray into this facet of cryptocurrency. After launching its own custody division, Coinbase has made a massive acquisition in the cryptocurrency security business, ma..

Coinbase Custody Acquires Xapo’s Institutional Business

Coinbase Custody today announced that it has acquired Xapo’s institutional business, making it the largest crypto-custodian in the world. The acquisition brings Assets Under Custody (AUC) to over $7 billion, servicing over 120 clients in 14 countries. Innovation In Cryptocurrency Custody Xapo is a ..

Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week

News Bitcoin (BTC) adoption by institutions has gone from a myth to fact in the past year, the CEO of major cryptocurrency exchange Coinbase has said. ‘We know the answer’ about adoption: ArmstrongSpeaking on Twitter Aug. 16, Brian Armstrong said that 2019 had formed the year of reckoning for ins..

Coinbase Custody Buys Xapo Institutions, Continuing Rapid Expansion

News Coinbase Custody has reportedly acquired Xapo’s institutional business to become the world’s largest crypto custodian by assets under custody. Major crypto exchange Coinbase announced the news in a post on the company’s blog Aug. 15. The news follows rapid growth on the part of Coinbase’s yea..

Crypto Payment Platforms Offer Working Examples — Competition Heats Up

As competition among crypto payment platforms intensifies, Square’s Cash App has introduced BTC deposits from external wallets

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