Coinbase to Custody FTX’s Exchange Token

Cointelegraph

Published May 23, 2020 11:00PM ET

Updated May 24, 2020 07:00AM ET

Coinbase has announced that it will provide custody services for the exchange token of the Binance-backed crypto derivatives platform FTX (FTT) on May 22.

Coinbase Custody will comprise the primary custodian for the ERC-20 token, managing custody, compliance, and insurance for the FTT tokens.

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