Coinbase Abruptly Adds Support for 70 New Altcoins to Global Custody Service

Coinbase continues to expand its crypto footprint by extending its storage service support to dozens of altcoins for international customers.

In the new announcement, a US-based cryptocurrency exchange To tell We have added 70 cryptocurrencies to the roster of over 150 assets that are part of Coinbase Custody International’s Cold Storage Trust in Dublin, Ireland.

“These new assets can only be stored through Coinbase Custody International.

It cannot be stored through Coinbase Custody Trust Company, LLC. “

CoinbaseCustody International is an administrator service For huge institutional investors. Launched in 2020, it is designed to provide non-US clients around the world with a very secure way to store large amounts of cryptocurrencies.

Among the vast list of new assets is the Aioz Network (AIOZ), a content delivery network that distributes bandwidth while reducing costs.Project website To tell It is fully interoperable with the Ethereum (ETH) and Cosmos (ATOM) blockchains, providing immediate finality and low transaction fees.

Also nodding from Coinbase is Gamesswap (GSWAP), a companion platform for Shroom.Finance (SHROOM) that allows gamers to trade non-fungible tokens (NFTs).

Monavale (MONA) is Digitalax’s native token that allows users to custom design digital clothing in the form of NFTs. This project brings a Creative Commons (CC0) license to fashion on the Web3.0 Internet. Position Its long-term goal is to become a “digital fashion NFT house for all games, virtual reality and metaverse of the crypto ecosystem”.

Telcoin (TEL) is designed to bridge the telecommunications industry with a wider blockchain space by enhancing high-speed transactions, especially global remittances.

Orca (ORCA) aims to be Solana (SOL)’s most user-friendly decentralized exchange (DEX). Orca is a general purpose automated market maker (AMM) for the Solana blockchain, allowing users to exchange tokens, bet and earn yields.

Bonfida (FIDA) is built on both Solana and Solana-based Serum (SRM) and aims to be an all-in-one platform for data-driven crypto traders. The platform focuses on metrics such as exchange statistics, crypto company reviews and scoring, and crypto trends.

Celer Network (CELR) is a scaling platform designed to enable off-chain transactions in a secure way.

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Featured images: Shutterstock / Paopano / Fotomay