Coinbase Custody to Provide Cold-Storage Support for ASSEMBLE
The ASSEMBLE Protocol is a blockchain-based global point integration platform that exploits ASM utility tokens, whilst establishing a business ecosystem that can integrate, utilize existing points and miles with point providers, consumers and merchants.
We are thrilled to announce that the ASSEMBLE Protocol’s utility token ASM has been added to Coinbase Custody. From now on, ASM will receive a cold-storage custody solution from one of the largest and leading custodians of the crypto sphere, Coinbase Custody. The ASM token has officially been approved by Coinbase Custody and has been added to their cold storage. This is a result of the thorough technical review of ASM completed in a relatively short span of time. This is indeed a huge achievement for the ASSEMBLE Protocol as Coinbase Custody is considered one of the largest and most trusted crypto custodians. Their sophisticated storage solutions are provided to both institutional and individual investors. Thus, the addition of ASM to Coinbase Custody shall bring a new level of security and trust to the ASSEMBLE Protocol.
Coinbase Custody to Provide Cold-Storage Custody
Coinbase Custody now supports deposits and withdrawals for the ASSEMBLE Protocol’s $ASM. Launched in 2018, Coinbase Custody offers clients access to a secure, institutional-grade offline storage solution. Coinbase Custody is an independent, NYDFS-regulated entity built on Coinbase’s crypto-first DNA, offering the most sophisticated and reliable custody solution in the world.
This gives $ASM token holders a totally new option for custody of their holdings. We are honored to join a list of the top crypto projects in the industry supported by Coinbase Custody. It should be noted that Coinbase Custody only offers its custodian services to 90 digital currencies. They have around USD 100 billion capped on their platform, which makes them the largest custody provider in the space.
The main purpose for choosing Coinbase Custody as our primary custodian is that they offer the reliability, security, and transparency that we are striving to provide and foster for ASM holders. It should also be noted that Coinbase Custody adheres to the strictest security protocols and builds on Coinbase’s 8-year track record of zero security incidents or lost crypto assets. Because of this, they are trusted by some of the world’s largest crypto traders and institutions. Now, with the addition of ASM to Coinbase Custody, users can now safely deposit and withdraw funds without leaving the Coinbase platform.
About Coinbase Custody
Coinbase Custody is the largest and most trusted institutional crypto custodian. Launched in 2018, Coinbase Custody offers clients access to the secure, institutional-grade offline storage solution that has been used by Coinbase’s exchange business since 2012. Coinbase Custody is an independent, NYDFS-regulated entity built on Coinbase’s crypto-first DNA, offering the most sophisticated and reliable custody solution in the world. For more information visit custody.coinbase.com.
