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Institutional appetite for on-chain activity is heating up, says Coinbase's VP

The Scoop

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Genesis and Features of Coinbase's Institutional Wallet

Coinbase has evolved from building prime brokerage services for crypto institutions to now selling its underlying technology. With the acquisition of Unbound and their wallet-as-a-service kit, Coinbase has successfully built a self-custodial wallet for institutions to interact on chain. This development allows businesses and corporations to white label Coinbase's technology and create their own products. Coinbase aims to grow the crypto economy by catering to retail and institutional clients, as well as selling its technology.

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