Data: Coinbase Prime platform's assets under management have surpassed $400 billion, with over 250 tradable assets

BlockBeats News, March 16, Coinbase Institutional disclosed data indicating that Coinbase Prime, launched four years ago, had only about 50 institutional clients in its first month in 2021. However, the number of institutional clients has now reached thousands. The business covers trading, staking, financing, and custody services. Coinbase Prime's platform has reached an asset under management of $40.4 billion, with quarterly institutional trading volume reaching $364 billion. It supports custody for over 430 assets and offers trading for more than 250 assets.