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Coinbase Acquires Xapo’s Bitcoin Custodial Arm, CEO Reveals Ambitious Future Plans

US-based Crypto Exchange Coinbase has announced the acquisition of Xapo’s institutional business. Xapo is a Hong Kong-based cryptocurrency firm that provides wallets, cold storage of Bitcoins and also Bitcoin debit cards. Reportedly, the deal was worth $55 million. Coinbase.com is one of the most trusted crypto exchanges in the US and Europe. Reportedly, Coinbase outbid

US-based Crypto Exchange Coinbase has announced the acquisition of Xapo’s institutional business. Xapo is a Hong Kong-based cryptocurrency firm that provides wallets, cold storage of Bitcoins and also Bitcoin debit cards. Reportedly, the deal was worth $55 million. Coinbase.com is one of the most trusted crypto exchanges in the US and Europe. Reportedly, Coinbase outbid