Bitkub Online, one of Thailand’s forefront digital assets exchange providers, has signed a former agreement with Coinbase Custody, the leading digital asset custodian in the United States, aiming to improve the level of security in digital assets storage.
This movement occurs when cryptocurrencies and blockchain technology become widely adopted in various sectors. This kind of acceptance shows that more and more companies are starting to see the potential of the digital world. Meanwhile, it can attract more investors to the digital ecosystem.
Due to a large number of investors, including institutional investors, enter to the digital asset market, asset safety is the first priority. Therefore, Bitkub decided to choose Coinbase Custody’s asset custody service that provides the most advanced exclusive security technology as well as the use of cold storage bags and insured assets worth over $320 million.
Since Bitcoin has risen above the psychologically important level of 1,000,000 baht or about $30,500 at the beginning of 2021, Bitkub and cryptocurrencies attract more attention from Thai people and that has pushed Bitkub to grow exponentially.
“Our goal is to create an opportunity via decentralized technology and to bridge the traditional world with the new digital one so that people can come across safely and confidently. We promise to continue to develop the best quality of service and safety.”
