As the world’s leading digital asset exchange, Coinbase has been at the forefront of the cryptocurrency revolution. In addition to allowing users to buy and sell digital assets, Coinbase also provides a custody service for institutional investors.

Recently, there has been speculation that Coinbase may offer a custody service for individual investors as well.

Coinbase Custody is a secure storage platform for institutional investors that offers high-security features like multiple layers of security and offline storage. Individual investors have generally been able to store their digital assets on exchanges or in personal wallets.

However, as digital asset prices have risen, there has been an increase in hacking attacks on exchanges and wallets. This has led some individual investors to look for alternative storage options, such as Coinbase Custody.

While Coinbase has not officially announced plans to offer custody services to individual investors, there is evidence that they are considering it. In March 2018, Coinbase acquired a company called Xapo, which is a provider of “vault” services for Bitcoin.

This acquisition led many to believe that Coinbase was planning to launch a custody service for individual investors.

There are several advantages that individual investors could reap if Coinbase launches a custody service. First, it would provide a more secure storage option for digital assets.

Second, it would give individual investors access to features and services that are currently only available to institutional investors. Finally, it would make it easier for individual investors to invest in digital assets, as they would not need to set up their own storage solutions.

However, there are also some potential downsides to Coinbase offering custody services to individual investors. First, it could lead to more hacking attacks on the platform, as hackers would know that there is a larger pool of potential Targets.

Second, it could increase the fees that individual investors have to pay to store their digital assets on the platform. Finally, it could make it harder for individual investors to cash out their investments, as they would need to go through Coinbase instead of being able to directly sell their assets on an exchange.

Overall, whether or not Coinbase launches a custody service for individual investors remains to be seen. However, if they do launch such a service, it could provide many benefits for individual investors looking for a more secure storage solution for their digital assets.