Crypto Week in Review: Institutional Investment Still a Hot Topic Amidst Low Exchange Volumes

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Crypto Week in Review: Institutional Investment Still a Hot Topic Amidst Low Exchange Volumes

Sun Jul 08, 2018 10:41 am

Prospects for the cryptocurrency industry are beginning to look up, with prices marginally increasing throughout the week. But are the bulls really back?

Institutional Investment Sees Interest Continue
Discussion regarding institutional interest has continued, with this prior week seeing a variety of news pieces regarding the growing number of institutional entry points.

Coinbase Custody Sees Successful Launch
Coinbase has just launched its long-awaited custody service to institutional clients, bringing unique security features to more wary investors.

A Medium post from Sam Mcingvale, product lead at Coinbase Custody, wrote:

“Over the past six years, Coinbase has pioneered leading crypto storage techniques and is currently responsible for the custody of more than $20 billion in crypto assets. Coinbase Custody builds on this expertise to offer a brand new, independent solution for our institutional customers.”


https://www.newsbtc.com/2018/07/08/cryp ... e-volumes/

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