tl;dr
Coinbase has announced Verified Pools, a new service aimed at attracting institutional users. These liquidity pools provide a secure way to leverage high efficiency and native on-chain infrastructure. Verified Pools address the security concerns of major institutions by implementing proactive measur...
Coinbase has introduced Verified Pools, a secure institutional-grade service for on-chain trades and swaps. This new service aims to address compliance and security concerns for institutional investors in the crypto space. Features of Coinbase's Verified Pools include identity verification, non-custodial pools, and an Ethereum-centric L2 blockchain solution.
The company plans to expand asset coverage, integrate more DEX aggregators, and offer the service in more countries. Additionally, various cryptocurrency platforms in Europe such as OKX, YouHodler, eToro, Wirex, and MEXC have been highlighted.
Verified Pools provide a secure way for institutions to leverage high efficiency and native on-chain infrastructure, addressing their security concerns with measures such as KYC and sanctions screening. The pools are non-custodial, ensuring that users maintain control over their assets. Coinbase plans to further expand its asset coverage, integrate more DEX aggregators, and offer the service in more countries.
Coinbase's Verified Pools offer a way for institutional clients to access liquidity, efficiency, and transparency while prioritizing user security and confidence. The platform's future plans include expanding asset coverage and trading pairs, integrating more DEX aggregators, and offering the service in additional countries.
The introduction of Verified Pools is a significant move by Coinbase to enhance the on-chain ecosystem and attract the next wave of on-chain adoption. Through this service, the company aims to provide security and confidence for institutional investors participating in DeFi, addressing barriers around compliance, counterparty risk, and operational complexity.
In summary, Coinbase's Verified Pools offer a robust solution for institutional investors in the crypto space, combining security, transparency, efficiency, and user control over assets within the burgeoning DeFi landscape.