CVC is an abbreviation for Coinbase Custody. Coinbase Custody is a digital asset custodian service offered by Coinbase, Inc. that provides institutional investors with a secure way to store digital assets.

The service is designed to meet the needs of institutional investors, such as hedge funds, family offices, and venture capital firms, who require a higher level of security and compliance than what is offered by traditional custodians. Coinbase Custody is a fiduciary under New York State Law.

Coinbase Custody offers a number of features that make it attractive to institutional investors. First, it offers storage in multiple jurisdictions, including the United States, Europe, and Asia. This provides investors with the flexibility to choose where their assets are stored. Second, Coinbase Custody offers insurance for digital assets stored on its platform.

This insurance protects investors from loss in the event of theft, hacking, or other physical damage to the custodian’s facilities. Third, Coinbase Custody offers segregated accounts, which allows investors to keep their digital assets separate from those of other investors. This feature is especially important for institutional investors who wish to avoid co-mingling their assets with those of other investors. Finally, Coinbase Custody offers a number of compliance and reporting features that make it attractive to institutional investors who are subject to regulatory requirements.

coinbase cvc what is it

CVC is an abbreviation for Coinbase Custody which is a digital asset custodian service offered by Coinbase, Inc.

The features that make it attractive to institutional investors are: storage in multiple jurisdictions including the US, Europe & Asia; insurance for digital assets stored on its platform; segregated accounts which allow investors to keep their digital assets separate from others; & compliance & reporting features which are important for institutional investors who are subject to regulatory requirements.