Blockchain Bites: Google Validates Theta, Coinbase and BitGo Eye Crypto Prime Brokerage

Published on by Coindesk | Published on

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As part of the partnership, the tech giant is assisting Theta with its Mainnet 2.0 launch, and will become the platform's fifth validator.

Polkadot will first launch under a Proof-of-Authority consensus algorithm controlled by the Web3 Foundation, in its bid to become an interoperable blockchain for other chains and dapps to utilize.

Prime BrokerageSan Francisco-based cryptocurrency exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading.

BitGo, a crypto custodian, has also announced its prime brokerage status, with the launch of its new entity BitGo Prime.

Earlier this year, London-based Bequant launched a prime brokerage service, while Genesis Trading recently purchased crypto custodian Vo1t in a bid to become a prime broker.

Crypto.com will expand its Visa crypto debit card and a wallet app to 31 European countries with a partnership with digital-payments company i2c Inc.Open AccountsKingdom Trust has rolled out a single retirement account for traditional and digital assets called Choice.

The self-service retirement platform allows investors to hold stocks, exchange-traded funds and digital assets in one tax-advantaged account.

Crypto startup Centrifuge is introducing a dapp that allows users to collateralize real-world assets for use in the decentralized finance ecosystem.

EOSOver the past year, the EOS token's price is down 69%, the worst performance among digital assets with a market capitalization of at least $1 billion, based on Messari data.

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