Coinbase Custodyhas enabled deposits and withdrawals for BarnBridge’s BOND token. As of late, Coinbase Custody has been adding DeFi tokens on their platform at a rapid pace.
Coinbase Custody Now Supports BarnBridge
BarnBridge is the latest DeFi project to be added to Coinbase’s custodian service, becoming the first project listing in 2021.
Coinbase Custody offers institutional investors the ability to store their crypto assets safely and securely. The service already supports many of the “DeFi bluechip” tokens such as AAVE, SNX, YFI, UNI, andmore.
BarnBridge focuses on splitting crypto risks into buckets (tranches), so that market participants can invest in various products or assets depending on their risk profiles. On Jan. 8, 2021, the BarnBridge team revealed theirroadmap for 2021. Their staking feature is set to go live sometime in February.
Coinbase Custody has been adding support for DeFi projects rapidly. On Dec. 3, 2020, they added support forCRV, REN, wBTC, and tBTC. On Dec. 23, 2020, they added support for Injective Protocol’sINJ token.
Since its addition to the platform, BarnBridge has seen a spike in the price of its native BOND token. At press time, thetoken was trading at $26.12, up 27.7%.
Disclaimer: One or more members of Crypto Briefing’s management team owns INJ. The company (Decentral Media Inc.) owns INJ.
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
The potential impact of crypto on traditional finance (TradFi) and institutions has been discussed for years. People like Blythe Masters, who helped create the infamous credit-default swaps, got interested in...
Coinbase Custody has enabled deposits and withdrawals for Injective Protocol’s INJ token. The layer 2 DEX joins several other recently added DeFi tokens. Injective Protocol Joins Coinbase Custody Injective Protocol...
Coinbase has added a new batch of tokens to its custody service, as announced today on the company’s Twitter account. Coinbase Custody now supports deposits and withdrawals for NuCypher ($NU),...
Happy New Year from all of us at Crypto.com Research! 2020 was an unprecedented year for the world and for crypto. Before we fully plunge into 2021 predictions, we will...
