Digital currency exchange Coinbase has added cross-border wire transfers for its high-volume Pro and Prime customers in Europe and Asia. The users can now fund their accounts via international SWIFT wire transfer from non-United States bank accounts.
According to the post on the official Coinbase blog, “select Coinbase Prime customers globally will also have access to our US and European over-the-counter (OTC) trading desks and Coinbase Custody.”
Institutional investors have increasingly been the target of cryptocurrency-related products entering the market this past year. In November, an Israeli company launched what was reportedly the country’s first dedicated crypto investment firm for institutional investors.
As a reminder, earlier this month, Chicago-based crypto exchange Seed CX launched a e-wallet solution with on-chain settlement.