Coinbase Buys Blockchain Infrastructure Startup Bison Trails

Cryptocurrency exchange Coinbase announced it’s buying blockchain infrastructure company Bison Trails. Bison Trials, which builds cross-blockchain integration tools that link disparate protocols, will become a “foundational element” of the Coinbase product suite, the top U.S. exchange said in a Tuesday blog post. Terms of the deal were not disclosed. Bison Trails did not immediately respond […]

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Grayscale’s $2.7 Billion in Crypto Assets Will Now Be Held by Coinbase Custody

Grayscale Investments has tapped Coinbase Custody to serve as the new security provider for its digital asset holdings, the companies announced Friday. The custodian, which Coinbase CEO Brian Armstrong says already holds $1 billion in assets, will act as the custodian for Grayscale’s single-asset and diversified investment products. Grayscale claims to hold $2.7 billion in total […]

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Coinbase Custody to List YouNow’s Props Token

Coinbase Custody announced the addition of the recently Reg A+ certified Props token to its custodial listings. The institutionally-weighted, and independently-funded custodial wing of Coinbase will provide cold storage as well as a wallet for holders of Props. The tokens were designed by YouNow developers as a way to reward users of the platform and […]

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