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Coinbase Custody is Exploring New Assets, Including Cardano

Confirmed: Coinbase Custody Exploring Ripple’s XRP, EOS, NEO and Stellar Among 37 Cryptocurrencies

Coinbase has revealed a long list of 37 cryptocurrencies that it is considering for Coinbase Custody, including Ripple’s XRP, EOS, NEO, Stellar, Cardano, VeChain and Monero.

Here’s a look at all of the coins on the list.

Coinbase says it may also add a number of undisclosed ERC20 tokens.

Coinbase Custody is a custodial service for institutional investors with big money. It’s designed to give clients a highly secure way to store large amounts of cryptocurrency.

According to Coinbase, any cryptocurrency additions made on Coinbase Custody have no bearing on whether they will be added to other Coinbase products.

“Coinbase Custody is exploring the addition of many existing and forthcoming crypto assets for storage only, and will be working to add them as quickly and safely as possible. At this time, we have not yet considered these assets for trading. We are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets.”

Coinbase says it will provide official updates on which coins will be added via Twitter.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.

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