Coinbase Custody is a Digital Asset Custodian for Institutions

 - May 15, 2018
References: custody.coinbase & producthunt
Considering the newness of cryptocurrency in relation to something as societally ingrained as regular government-backed currency, many institutions need help managing their newfound stock in the technology, and Coinbase Custody is one such option. The digital asset manager helps institutional investors to keep their cryptocurrency investments in accordance with the law and secure from potential theft.

Banks are deeply familiar with the types of supports that they need to install in order to support their customers, including assurances of security and personal touchpoints to keep those clients confident in the wellbeing of their investments. Coinbase Custody is essentially providing that same service for banks that now find themselves on the other side of the client-service provider dichotomy.