Crypto exchange Coinbase launched Web3 wallet integrated into the Coinbase Prime platform, writes RBC Crypto.
Users were able to store assets from supported networks not yet available on Prime Custody, interact with decentralized applications and smart contracts, and trade non-fungible tokens (NFTs), the company said.
In September, Coinbase raised $57 million for its crypto lending platform. The company plans to borrow cryptocurrency assets from users and then provide them as credit to “institutional trading clients.”
In August, Coinbase received regulatory approval to trade cryptocurrency futures in the United States. Allowing US clients to access regulated crypto derivatives will allow more people to gain secure access to the country’s cryptocurrency market, the company believes.
Source: Cryptocurrency
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