This post is by Fred Wilson from AVC
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And now a word from your sponsor:
Coinbase is a USV portfolio company, I am on the board, and I am deeply invested in this business.
Coinbase’s regulated custody subsidiary is an important part of their overall business and I am also on the board of it.
This Unconfirmed Podcast with Sam McIngvale is a really good explanation of what Coinbase is doing in the custody market and how they are developing new income earning options for their customers.