Coinbase Custody Now Manages $1 Billion in Client Assets

After operating for one year, the custodial arm of U.S. crypto exchange heavyweight Coinbase now has more than $1 billion USD worth of digital assets under management.

Speaking during a panel at Consensus during New York Blockchain Week, Coinbase chief executive officer Brian Armstrong confirmed on May 15th that Coinbase Custody had reached that AUM milestone:

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