The crypto world is eagerly awaiting the debut of Coinbase Custody, which will offer storage for digital assets with institutional investors in mind. One question on many people’s minds is whether or not Coinbase Custody will support CRV.
Coinbase has been tight-lipped about which assets will be supported on Coinbase Custody, but there are a few factors that suggest CRV could be on the list. For one, Coinbase Ventures, the venture arm of Coinbase, has invested in Compound Labs, the team behind CRV.
In addition, CRV is one of the few DeFi protocols with a solid track record and strong governance.
NOTE: This is a speculative question and cannot be answered definitively. Coinbase is a secure digital currency exchange, but it has not officially announced any plans to add CRV (Curve DAO Token) to its platform. Investing in cryptocurrencies is highly speculative and carries significant risk. Therefore, any decision to invest in CRV should be made with extreme caution and only after conducting thorough research on the project.
However, there are also a few factors working against CRV being listed on Coinbase Custody. For one, CRV is not yet available on Coinbase Pro, one of the exchanges that Coinbase Custody is designed to work with.
In addition, while CRV has a strong community and governance model, it is still a relatively new project and doesn’t have the same level of brand recognition as some of the other assets that Coinbase Custody is likely to support.
Only time will tell if CRV will be supported on Coinbase Custody, but given the strong possibility, it’s worth keeping an eye on this emerging asset.
9 Related Question Answers Found
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