CoinBase acquires Custody business of Xapo - UNLOCK Blockchain

Cryptocurrency firm Coinbase has acquired the custody business of Xapo, a service best known for storing Bitcoins in a vault under a Swiss mountain. The acquisition comes as part of an aggressive push by Coinbase to expand its custody services, and could result in the San Francisco company storing over 5% of all Bitcoins in …

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Bitcoin: Coinbase Buys Xapo Custody for $55 Million

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