Coinbase launches new version of its bulk brokerage platform

Coinbase announced Tuesday that it has launched a revised version of its bulk brokerage business platform Prime, a move that is part of the company’s plan to attract new companies and Wall Street clients, or upsell existing ones, according to Decrypt news. The ability to Coinbase’s institutional arm for investment funds and large companies had more than 8,000 customers and $122 billion in assets in March, according to the company, which said in a blog post that the revised Prime service is aimed at “banks, large investors and companies looking to add cryptocurrencies to their balance sheets. banks, large investors and companies.