Coinbase Custody accounted for 11% of all cryptocurrency assets in 2020

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A cryptocurrency analytics platform, Messari mentioned in its latest report that the digital exchange’s custodian, Coinbase, accounted for nearly 11% of all cryptocurrency assets last year. The exchange recently revealed its investment in Bitcoin ahead of the company’s public listing.

According to report, the total value of cryptocurrency assets at Coinbase climbed significantly to nearly $ 90 billion in the last quarter of 2020. Coinbase currently offers custody services to over 90 digital currencies, but does not support all currencies.

Messari mentioned in the report that Bitcoin (BTC) and Ethereum (ETH) remain dominant cryptocurrency assets, as BTC and ETH represent …

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