Coinbase News: Launch of Verified Pools for Enhanced Security and Transparency

Coinbase, a leading cryptocurrency exchange, has made a significant move to bolster the security and transparency of its trading platform with the introduction of Verified Pools. This new feature aims to revolutionize the onchain trading environment by ensuring that only verified participants can contribute liquidity, thus reducing risks associated with anonymous or unverified counterparties.

Coinbase Launches Verified Pools in Singapore, US for On-Chain Liquidity Transparency

Coinbase has announced the launch of Verified Pools to enhance security and transparency by ensuring only verified participants can contribute liquidity. By only allowing access to vetted individuals and institutions, Coinbase aims to create a more reliable onchain trading environment while reducing risks associated with anonymous or unverified counterparties. "At its core, Verified Pools represents a breakthrough in onchain liquidity, leveraging Coinbase Verifications, our KYC-integrated verification system," Coinbase said in an announcement. Verified Pools leverage a combination of identity verification and smart contract transparency to minimize counterparty risk.

83% of Institutional Investors Plan to Increase Crypto Holdings by 2025

A report by Coinbase and EY-Parthenon reveals that 83% of institutional investors plan to increase their allocation of funds to crypto holdings by 2025. The report, collected from decision-makers in 352 companies, shows a growing belief in cryptocurrency yielding strong returns. Over half (59%) of those surveyed plan to allocate at least 5% of their assets under management to digital assets this year, signaling crypto’s move beyond a niche investment to a CORE part of institutional portfolios. Additionally, 84% of investors are either using or considering using stablecoins, which have gained massive traction in the past year.