Grayscale's reported $2.7B worth of crypto now secured by Coinbase Custody

posted 3 months ago
Grayscale Investments now uses Coinbase Custody to provide security for its digital asset holdings.

The custodian, which Coinbase CEO Brian Armstrong says already holds $1 billion in assets, will act as the custodian for Grayscale’s single-asset and diversified investment products. Grayscale claims to hold $2.7 billion in total assets under management. Grayscale holds Bitcoin, Liecoin, and Zcash.
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