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Coinbase Acquires BRD to 'Bring Decentralization' to More People, BRD Skyrockets 724%
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Major crypto exchange Coinbase has acquired the crypto wallet startup BRD in an effort to enhance its self-custody capabilities. Meanwhile, the wallet's native token has jumped over 720% in a single day.
In a statement addressing the BRD community published on Wednesday, co-founders Adam Traidman and Aaron Voisine revealed that members of the BRD team will be continuing their mission at Coinbase, where they will "work to bring the power of decentralization to even more users around the globe."
"The team brings deep expertise in self-custody for crypto wallets, which will help Wallet enable more people to safely and securely access the decentralized world of crypto," confirming the news, Coinbase's official Twitter account said.
The BRD team
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Coinbase acquires crypto wallet provider BRD's team as utility token price surges 500% cointelegraph.com /2 years ago
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