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Coinbase acquires BRD

Thursday 25 November 2021 10:07 CET | News

Coinbase, a US-based cryptocurrency exchange, has acquired crypto wallet firm BRD.

BRD has over 10 million global customers which will be able to continue to transact normally, though users will eventually have an optional migration path to self-custody with Coinbase Wallet, which will include a ‘special gift’.

The price of BRD’s utility token, Bread (BRD), rocketed about 500% from USD 0.16 to about USD 0.96 following the announcement of the acquisition.


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Keywords: acquisition, cryptocurrency, e-wallet
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: United States
This article is part of category

Blockchain & Cryptocurrencies