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Coinbase expands offerings with web3 wallet for institutional clients

Coinbase has introduced a web3 wallet through its Coinbase Prime division, aiming to provide institutional clients with secure access to crypto, NFTs, and defi applications. Coinbase, the biggest US-based crypto exchange, diversified its offerings on Tuesday with a web3 wallet designed for institutional clients. Introduced through its Coinbase Prime division, the wallet plans to provide an entry point for professional organizations into non-fungible tokens (NFTs) and the broader landscape of decentralized finance (defi). Web3 made simple for institutions Introducing Coinbase Prime Web3 Wallet pic.twitter.com/qoSkJbc5EX — Coinbase Institutional ️ (@CoinbaseInsto) September 12, 2023 The wallet allows institutional clients to access and manage a variety of digital assets, including cryptocurrencies, NFTs, and decentralized applications (dapps). While retail consumers have been active in these decentralized ecosystems for some time, institutions are only now starting to engage...

Bitcoin at banks: Raiffeisenlandesbank to offer crypto investment services

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All segments of RLB NĂ–-Wien clients will be able to invest in a broad number of cryptocurrencies with a budget of as little as one euro. Raiffeisenlandesbank Niederösterreich-Wien (RLB NĂ–-Wien), an Austrian cooperative banking company founded in 1900, is preparing to launch crypto investment services in collaboration with the Austrian crypto firm Bitpanda. According to a joint announcement on April 26, RLB NĂ–-Wien plans to provide its customers with a broad range of cryptocurrencies through Bitpanda’s Software as a service (SaaS) offering. Crypto investment will be featured alongside investment services for stocks, exchange-traded funds, precious metals and commodities. “The deal with Bitpanda aims to expand our product range with an innovative, secure facet and enable all customers to easily accumulate wealth,” RLB NĂ–-Wien CEO Michael Höllerer said. A part of the major Austrian banking group, Raiffeisen Bank International, is moving into cryptocurrency investment with a new planned o...