Coinbase Custody began to provide custodial services for investment in XRP. The service became available a month after the announcement.

XRP was the ninth supported asset platform Coinbase for institutional investors. The list of supported platforms Coinbase Custody also includes BTC, BCH (ABC), ETH, LTC, BAT, OMG, ETC. and ZRX. In a short time the exchange plans to add to this list stablein Circle, USDC.

Some experts and members of the community believes that the emergence of XRP among the accepted assets Coinbase Custody indicates the imminent listing of the token on the main platform of crypto currency exchange. In addition to the XRP is the only asset in the portfolio Coinbase Custody, absent on the primary exchange, is a token OmiseGO. The head of the Asia-Pacific branch of the investment Bank The Reserve Ryan Nelson (Nelson Ryan) believes that the decision Coinbase due to overall growing demand for a wider range of options for trading:

“The fact that Coinbase has started to provide custody services for the asset to institutional investors before opening trading on its primary trading platform, potentially says about their care in case XRP recognize licenzirovanie action. At this stage, it only confirms that there is demand for a more diverse market of products and assets for investment and speculation.”

A number of specialized media paid attention to the fact that the list of traded assets on the website Coinbase Custody XRP is Ripple under the logo, despite an extensive campaign by distancing token from the startup.

Recall that custodial service Coinbase started in July of this year; later, at the end of October, the exchange has received a license to provide custodial services for digital assets in the state of new York.