Coinbase Launches Web3 Wallet Targeting Institutional and Enterprise Clients


16 Sep 2023 10:15 PM

Coinbase launches Web3 wallet for institutional DeFi and NFT transactions...

  • Coinbase has launched a Web3 wallet designed for institutional clients to facilitate transactions in Web3, DeFi, and NFTs.
  • The wallet relies on MPC tech to store tokens, access funds, interact with dApps and smart contracts, and trade assets.
  • It provides direct access to DeFi, allowing clients to buy, sell, mint, manage NFT collections, and operate Web3 social accounts.
  • The wallet can hold tokens from nine different networks and has a swap feature for trading over 33,000 tokens across six major chains.
  • It is tailored to the needs of institutional clients, offering security, reporting, and integration into existing workflows.
  • The wallet allows clients to define transaction processing and manage Web3 policies according to their organization's security requirements.
  • It leverages the same security protocols as Coinbase Prime, including 2FA and a physical YubiKey for offline protection.
  • Intuitive risk controls, such as approval alerts and transaction previews, are included in the wallet.

The article highlights Coinbase's expansion into the DeFi realm with the launch of its Web3 wallet for institutional clients. The tone of the article is positive, emphasizing the features and benefits of the wallet.

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You May Ask

What is Coinbase's Web3 wallet designed for?What technologies does the wallet rely on?What features does the wallet provide for institutional clients?How does the wallet ensure security and reporting for enterprises?How does the wallet integrate into existing workflows?

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