"The largest U.S. cryptocurrency operator, Coinbase, estimates $20 billion worth of crypto is sidelined until custody solutions make sense. Sam McIngvale, who’s leading the Coinbase Custody project, believes that crypto assets will flow into custody services once they become readily available."
Does anyone here have an opinion custody solutions in this space? From what I can tell they're relatively new. Sounds like a good way to draw people in and hopeful can lead to some widespread adoption. Citigroup is even going to start offering them to investors. I'd like to hear some opinions from anyone, well versed in these solutions or not.
Source for the quote:
https://www.forbes.com/sites/rachelwolfson/2018/09/20/custodial-solutions-are-latest-innovation-in-cryptocurrency-ecosystem-as-seen-by-coinbase-and-others/#5da0252e171c