{"id":5711,"date":"2018-05-17T00:00:00","date_gmt":"2018-05-17T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2018\/05\/17\/coinbas-march-towards-wallstreet\/"},"modified":"2018-05-17T00:00:00","modified_gmt":"2018-05-17T00:00:00","slug":"coinbas-march-towards-wallstreet","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/coinbas-march-towards-wallstreet\/","title":{"rendered":"Coinbase begins its march towards Wallstreet"},"content":{"rendered":"
Everyone in this crypto world knows that sooner or later the entire world will accept and understand cryptography as an important part of economic activity and development in general. And naturally the stock market will not be left behind under any circumstances. This is something that has been clear to the people of Coinbase<\/strong> and they are moving determinedly in the right direction: take Wallstreet.<\/p>\n Coinbase is working on the development of several tools aimed at attracting clients and institutional investors for its platform.<\/strong> In this range of services, Coinbase includes, among others, custody services in which investors can store large amounts of cryptocurrencies, as well as risk management and margin trading services, which opens an interesting possibility for clients, since it is a concept that allows customers to use borrowed money, and with it, Coinbase<\/a> <\/strong>would point to a much more complete service than any other platform of its kind.<\/p>\n The conception of these services is mainly oriented towards clients and institutional investors, since they seek to move a large capital with this. We can comment that one of these services will offer loans, margin financing and over-the-counter operations, which seeks to better cover the capacity to manage large capital. This service will be called Coinbase Prime.<\/p>\n Coinbase is taking these steps with the vision of going hand in hand with good compliance with SEC regulations. To do this, it has entered into a strategic partnership with Electronic Transaction Clearing Inc., a so-called qualified custodian for securities designated by the US Securities and Exchange Commission.<\/p>\n <\/p>\n