Coinbase plans to expand services for traditional financial institutions

Coinbase plans to expand services for traditional financial institutions, according to Crypto Briefing. The company intends to develop infrastructure that would allow banks and other financial firms to integrate cryptocurrency custody and financial services into their own operations. Coinbase currently manages more than $15.2 billion in institutional assets through Coinbase Prime, its institutional platform, which offers asset custody, financing services, staking and liquidity access.