According to Cointelegraph, on June 13, Coinbase Custody said in Twitter that the company holds $1.3 billion in custody assets and is expected to reach $2 billion in the near future. Last week, the company's CEO Sam McIngvale and his chief information security officer Philip Martin visited the UK. It is reported that the purpose of the visit is to "discuss the organization's encryption economy with a range of potential customers and customers." At the meeting, the company's representative said that although many people believe that there is no institutional product in the cryptocurrency field, Coinbase Custody actually It is such a product. The representative of the company said that the company has insurance, regulated and safe custodians.