Coinbase to Open Investment Index Fund

According t Coinbase, there is a "huge interest" in the cryptocurrency among investors who can invest in new assets from $ 250,000 to $ 20M
13 June 2018   445

The largest American cryptocurrency company Coinbase announced the launch of an index fund, focused on accredited investors.

According to representatives of Coinbase, there is a "huge interest" in the cryptocurrency among investors who can invest in new assets from $ 250,000 to $ 20 million.

Coinbase Index Fund gives investors exposure to all assets listed on our exchange, weighted by market capitalization. As we announced yesterday, the fund will be rebalanced to include Ethereum Classic, and more assets when they are listed by Coinbase in the future.

At this stage, Coinbase Index Fund is only open to US-resident accredited investors. We’re working on launching more funds which are accessible to all investors and cover a broader range of digital assets.
 

Reuben Bramanathan

Product Lead, Coinbase Asset Management

On 12th of June, Coinbase announced support for the Ethereum Classic cryptocurrency. Support includes the addition of an asset to the CoinbasePro exchange (GDAX), the Coinbase Custody service, and the inclusion in the new index fund. 

Coinbase to Present Toshi

Company believes that it can be a starting point for decentralized Internet
16 August 2018   203

Coinbase announced the launch of Coinbase Wallet called Toshi, which the company's specialists have been working on for the past year and a half.

According to the company's representatives, Coinbase Wallet should be viewed not simply as a tool for accessing cryptocurrencies, but as a starting point for decentralized Internet.

We believe that the applications of the future will be built on a decentralized internet (the blockchain). Everyone will own a crypto wallet that allows them to access decentralized applications (dapps) and that wallet will be their gateway to the open financial system.
 

Coinbase

Tooshi development started back in April 2017 under the Ethereum messager Token name. Last months the product development was headed by Peter Kim, the founder of the startup Cipher Browser, which was acquired by Coinbase in April this year.

Toshi features:

  • ERC 20 tokens and Ethereum support
  • Airdrop and ICO tokens support
  • Purchasing and storing crypto collectibles
  • Exchange trade

Coinbase Wallet also allows users to send payments anywhere in the world, giving them access to leading decentralized exchanges and decentralized third-party applications.