Today announcing that Coinbase Custody offers the secure storage of mainnet Kin. Coinbase Custody will add the new native implementation of KIN to the platform with KIN’s pending migration from ERC20 to mainnet.
KIN holders can now benefit from Coinbase Custody’s industry-leading offline storage platform and insurance coverage. As a limited-purpose trust company chartered and regulated by the New York Department of Financial Services (“NYDFS”), Coinbase Custody has met the high standards of the NYDFS and is a Qualified Custodian.
As a leading institutional crypto custodian, we’re excited to continue to provide solutions to custody directly from new networks at launch, solving a significant pain point for the industry. As more networks launch tokens, institutional investors face a critical challenge in finding ways to securely hold each new unique asset. Coinbase Custody solves this problem by offering secure and trusted custody solutions for new network launches.