Coinbase acquires crypto exchange data aggregator Zabo
Zabo’s API integrations include more than 50 crypto exchanges and wallet services, including Coinbase’s rival Kraken. Nasdaq-listed cryptocurrency exchange Coinbase continues its buying spree by acquiring cryptocurrency aggregator service Zabo.According to a Wednesday announcement, Coinbase has started the process of acquiring Zabo, a Dallas-based cryptocurrency startup providing data integration services with major crypto exchanges and wallets, including Coinbase’s rival Kraken. The size of the acquisition deal wasn’t disclosed.Founded in 2018, Zabo is building technology to connect....
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The publicly-listed crypto-asset exchange Coinbase has announced the company has acquired the Israeli firm Unbound Security. The announcement follows Coinbase acquiring the cryptocurrency wallet BRD last week and the Unbound acquisition is aimed at the company’s “commitment to providing the safest, most secure, and most trusted venue for anyone to interact with the [crypto economy].”
Coinbase Acquires Israeli Company Unbound Security
Ever since Coinbase (Nasdaq: COIN) was publicly listed, the company has acquired a number of smaller companies. Prior to the....
The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap. Crypto data aggregator Messari has reported that the quantity of crypto assets stored in custody on U.S. exchange giant Coinbase surged in the last quarter of 2020.Messari Crypto has revealed that as much as 11% of the entire crypto market capitalization was held with Coinbase custody at the end of last year. The Coinbase offers custody services for over 90 crypto assets, roughly half of which are tradable on Coinbase’s exchange.The value of assets custodied with....