Coinbase Custody Partners With Wilshire Phoenix To Launch A Dedicated Crypto Fund

Coinbase Custody is quickly becoming a household name. The largest cryptocurrency operator in the US is joining efforts with Wilshire Phoenix to bring on board a new cryptocurrency-focused fund. Reports have it that the fund is worth $500 million is organized as a statutory trust. The goal behind the launch of the fund is to boost Bitcoin’s exposure. Besides, it is on record that Coinbase Custody is the most secure crypto storage solution. Wilshire Phoenix’s aim is to mitigate risks involved with the unpredictable price action of Bitcoin The Generally…