Coinbase has acquired Xapo's institutional custody service for $55m
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Descrição
Majority of Xapo's largest clients have agreed to transfer their funds over to Coinbase, bringing over 514,000 BTC under Coinbase's control. Xapo will continue to retain some of its businesses including its retail-facing exchange business and a Switzerland-based bitcoin vault.
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Coinbase has acquired Xapo's institutional custody service for $55m
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