New Coinbase (COIN) Crypto Lending Service Is Geared Toward Large Investors

“With this service, establishments can select to lend digital property to Coinbase below standardized phrases in a product that qualifies for a Regulation D exemption,” a Coinbase spokesperson mentioned in a press release. “Coinbase is working to replace the monetary system that was constructed over 100 years in the past, leveraging crypto to offer individuals with extra financial freedom and alternative. To advance this goal, Coinbase is constructing probably the most trusted crypto services and products, and supporting different builders to carry 1 billion individuals into crypto.”