August 19, 2019 BY Valentina Kirilova

Coinbase expands existing custody footprint with Xapo acquisition

Coinbase, America’s leading crypto exchange, took another step forward to utilize its $300 million fundraising of last October to expand its global footprint in the industry, this time by beefing up its fledgling custodial business with the acquisition of Xapo Ltd for a reported sum of $55 million. If and when the final transfers are…

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