by Coinbase
Quick Fact
Coinbase Prime is a highly customizable offering that can be tailored to one's financial solution needs.
Prime Custody by Coinbase offers institutional clients a robust and secure digital asset management platform. It is part of the Coinbase Prime platform, which integrates trading, custody, and financing solutions tailored to the needs of institutional and professional clients.
Prime Custody uses a combination of physical security, consensus computation, and strict process controls. It includes Deloitte and Touche's SOC 1 Type II and SOC 2 Type II audits, ensuring that assets are stored securely. This setup also involves segregated cold storage, minimizing the risk of unauthorized access.
The platform supports several digital assets, with over 400 assets available for custody. This extensive support ensures that institutional clients can manage a diverse portfolio of cryptocurrencies.
Clients can participate directly in staking and governance activities from their custody accounts without removing assets from cold storage. This feature provides additional yield opportunities while maintaining the security of the assets. The platform supports staking for various cryptocurrencies, including Avalanche, Solana, and Ethereum.
Beyond custody, Coinbase Prime offers seamless integration with trading and financing services. Features like smart order routing, advanced algorithms for trade execution, and detailed trade cost analysis reports enhance the trading experience for institutional clients.