Coinbase custody service is considering storage for XRP and other digital assets


The custody service of Coinbase Custody made an announcement on August 3, which was exploring a range of new digital resources. However, they made it clear that they were not considering trading activities. The announcement clearly stated the following:

Coinbase Custody is exploring the addition of many existing and future cryptographic resources for for conservation only and will work to add them as quickly as possible. safe as possible. At the moment, we have not yet considered these assets for trading. We are making this announcement internally to Coinbase and to the public at the same time to remain transparent with our customers on support for future resources.

The new digital resources scanned are 37 in total and as follows:

  1. Cardano (ADA)
  2. ZCash (ZEC)
  3. Stellar (XLM)
  4. XRP
  5. EOS
  6. Monero ( XMR)
  7. VeChain (VEN)
  8. Tezos (XTZ)
  9. Qtum (QTUM)
  10. Bytecoin (BCN)
  11. Bitcoin Gold (BTG)
  12. Decred (DCR)
  13. Bithsares ( BTS)
  14. ICON (ICX)
  15. Ontology (ONT)
  16. STEEM [19659005] Dogecoin (DOGE)
  17. SiaCoin (SC)
  18. Wanchain (WAN)
  19. Nano (NANO) [19659005] Telegram
  20. Filecoin
  21. TaTaTu
  22. Dfinity
  23. Blockstack
  24. Base
  25. NEO
  26. DASH
  27. NEM (XEM)
  28. TrustToken
  29. Hedera HashGraph
  30. TokenCard
  31. Polkadot
  32. Kik
  33. Props
  34. Origin
  35. Foam [19659041] The Coinbase Custod team I kept explaining to their users that they might see public APIs and other signs that indicate they are with by engineering works to support these new digital resources. This however will not be an indication of the 100% commitment to add digital resources and will provide updates to their clients about the process and what to expect through their Twitter page.

    Coinbase Custody is a storage service for institutional investors that provides a secure repository for cryptographic resources for institutions in the United States and Europe. They also hope to expand to Asia by the end of the year.

    Coinbase has been a pioneer in digital archiving for the last 6 years and has a proven track record of up to $ 20 billion in cryptographic assets. This industry experience and expertise will enable the cryptographic exchange to offer the following unique features that are unique to its customers:

    • Cryptographic Resource Chain Segregation
    • Split, offline private keys requiring a quorum of geographically dispersed agents 39; cryptographic hardware to sign transactions
    • More security levels
    • Robust cold storage monitoring and reporting

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