Coinbase wins Best Digital Asset Custodian Award

By Elke Karskens, Head of EMEA Marketing

Awards season remains in full speed throughout Europe, and today we were happy to win Best Digital Asset Custodian 2022 in HFM Europe Services’ yearly awards This success even more highlights both our important function within the cryptoeconomy, especially in regards to additional allowing institutional engagement, and likewise the unbelievable group that we’re constructing here at Coinbase.

Over the previous 3 years we’ve seen extensive adoption of cryptocurrencies throughout the world, with overall crypto market capitalisation increasing almost three-fold from completion of2020 A current research study revealed that almost 1 in 4 United States families own crypto. It isn’t simply the public understanding the capacity of digital properties. There has actually likewise been considerable adoption amongst organizations, and this sped up in 2021 as a wider variety of customers looked for to engage with crypto. Together with a broad variety of pension funds and possession supervisors, we’re happy to have Anheuser-Busch, Brex, Enfusion and Franklin Templeton on the Coinbase institutional platform.

Enabling this access to the cryptoeconomy for a larger series of organizations lines up with our objective to develop an open monetary system for the world. Digital possessions permit higher effectiveness in the monetary sector and provide a transformational level of monetary empowerment for daily individuals and organizations alike. The cryptoeconomy is quickly developing and there’s a wealth of chances yet to be found.

In a wider sense, the increasing adoption of cryptocurrency by organizations highlights how digital properties continue to penetrate into mainstream company and financing. Digital possessions are ending up being an around the world phenomenon with federal governments, business and nations completing to develop themselves as leaders in the area. Coinbase lies at the heart of this, and we want to take this chance to openly thank the business’s whole institutional group for their effort and commitment.

Looking ahead, we intend to continue our function as the leading digital property custodian supporting organizations of all kinds in their engagement with the world of cryptocurrency.

We’re constantly trying to find wise individuals to assist us continue to construct. If that seems like you, take a look at our tasks page here

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