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Coinbase To Provide Custody For Digitalx Australian Bitcoin ETF BTXX

29.07.2024
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Coinbase To Provide Custody For Digitalx Australian Bitcoin ETF BTXX

Digitalx, an ASX-listed company, has selected Coinbase to deliver custody and advanced trading execution services for its recently approved Bitcoin exchange-traded fund (ETF) (BTXX) in Australia.

This partnership will offer qualified Australian investors access to bitcoin and other digital assets via a traditional fund structure through Coinbase Prime, a comprehensive prime brokerage platform.

This selection follows Coinbase’s recognition as the custodian for 8 of the 11 Bitcoin ETF issuers in the United States, highlighting its robust infrastructure and commitment to security.

Both parties expressed excitement about the partnership, with Coinbase’s Australia Country Director, John O’Loghlen, and Digitalx’s CEO, Lisa Wade, affirming their commitment to providing reliable access to Australian investors.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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