Heavy: Coinbase spent $55 million to acquire Xapo hosting business, managing assets over $7 billion
On August 15th, the US cryptocurrency company Coinbase announced the official completion of the acquisition of Xapo's custody business. This acquisition is part of Coinbase's active promotion of its custody business, which may result in the company's hosted Bitcoin reaching 5% of its total liquidity. According to a person familiar with the matter, Coinbase has […]