PlayDapp Selected as a Coinbase Custody Project
After being listed on Coinbase earlier this month, PlayDapp was selected as a Coinbase custody project.
Blockchain game service platform ‘PlayDapp (PLA)’ announced on the 25th that it was selected as a custody service tradable project by Coinbase, the largest digital asset exchange in the United States.
Coinbase Institutional announced via its official Twitter account that it would support the custody service of PlayDapp Token PLA on the 24th at 7 a.m. local time in the United States.
Coinbase is the world’s largest fully US SEC compliant digital asset exchange, with 68 million users and 9,000 institutional investors in more than 100 countries. In 2021, Coinbase’s quarterly trading volume will reach $462 billion.
Coinbase Custody is a trust service launched in 2018 for institutional investors. It allows storage and management of investors’ cryptocurrencies, and customized custody services for 140 digital assets, including Bitcoin, Ethereum, and Ripple.
In the future, PlayDapp Token (PLA) will be safely stored and operated in an offline ‘cold storage’ system as a Coinbase custody tradable project.
“We are delighted to have been selected as a Coinbase custody tradable project following the simultaneous listing of the PlayDapp token on Coinbase and Coinbase Pro earlier this month (on August 5th). This is significant in that the service enables institutional investors who deal with vast amounts of funds beyond individual investors invest in PlayDapp with confidence.” — PlayDapp.
PlayDapp is a dApp game portal that provides a peer-to-peer (C2C) NFT marketplace. PlayDapp’s games imbued with blockchain technology are interoperable allowing PlayDapp to offer a variety of game portfolios for gamers to enjoy with NFT (Non-Fungible Tokens).