Bloomberg: Game Changing Regulated Crypto Custody Is (Almost) H
-
Posted by TechnoMag - the facilitator - Filed in Business - 741 views
Hedge fund manager Kyle Samani embraces his job making multimillion-dollar bets on the wild market for cryptocurrencies, but he’s long contended with a headache: Ensuring his holdings aren’t stolen.
Samani, a managing partner at Multicoin Capital, hopes to offload that task soon. He’s among a small group of institutional investors who have been testing Coinbase Inc.’s new crypto-custody service, one of scores of such offerings in development. Some services are now almost ready -- with huge implications for the market’s future.