TechFlow reported, on March 16, according to Coinbase Institutional, the institutional-grade custody platform Coinbase Prime has marked its fourth anniversary since launch. In its first month alone, over 50 institutions joined the platform. Today, thousands of institutional clients use Prime for large-scale cryptocurrency trading, staking, financing, and custody.
Assets under custody on the platform have reached $404 billion; quarterly institutional trading volume stands at $364 billion; custody support is available for more than 430 assets; and trading is offered for over 250 assets.
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