Coinbase Custody Holds $1.3B in Assets Under Custody, Expects to Hit $2B ‘Soon’

Coinbase Custody Holds $1.3B in Assets Under Custody, Expects to Hit $2B ‘Soon’
imageCryptocurrency News23 minutes ago (Jun 15, 2019 02:02PM ET)

Coinbase Custody revealed that it holds $1.3 billion in assets under custody (AUC) and the firm expects to hit $2 billion AUC soon in a Twitter thread published on June 13.

In a series of tweets, what is evidently the official Coinbase Custody Twitter account reported that last week the company’s CEO, Sam McIngvale, and its chief information security officer, Philip Martin, visited the United Kingdom. The purpose of the visit was reportedly “to discuss the institutional cryptoeconomy with a range of prospects and clients.”

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Coinbase Custody Holds $1.3B in Assets Under Custody, Expects to Hit $2B ‘Soon’

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