Coinbase Custody, the custody arm of crypto exchange Coinbase, has announced that Grayscale, one of the largest digital asset fund managers, has chosen Coinbase Custody to store its digital assets.
Coinbase Custody will serve as custodian for the underlying assets in Grayscale’s family of products, which include Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Stellar Lumens (XLM), XRP and Zcash (ZEC). Coinbase Custody is also exploring support for Horizen (ZEN), pending regulatory approval.
The Coinbase institutional range of products provides a seamless and compliant ecosystem for clients to trade, store and interact with their crypto.
The suite combines access to a pool of regulated, verified crypto liquidity through Coinbase Pro with high-performance APIs and a high-touch coverage team. Paired with access to a global OTC trading desk and Coinbase Custody’s highly secure and insured storage platform.