Coinbase acquires crypto wallet provider BRD's team as utility token price surges 500%

Coinbase acquires crypto wallet provider BRD's team as utility token price surges 500%


Crypto wallet provider BRD said “nothing will change” for users following an acquisition from major U.S. crypto exchange Coinbase.

In a Wednesday letter to BRD users, CEO Adam Traidman and co-founder Aaron Voisine said some of the company’s team members would be moving to Coinbase to continue working on crypto wallets. Coinbase Wallet said on Twitter that the addition of the BRD team would “help accelerate web3 adoption” as well as provide “deep expertise in self-custody.”

“Nothing will change in the BRD wallet app and as always, your funds are safe and secure,” said the BRD execs. “In the future, BRD wallet users will have an optional migration path to self custody with Coinbase Wallet.”

Trending: “Sudden Deaths” Begin to Emerge in 5-11 Age Bracket After EUA Granted For Experimental COVID-19 Injections

Formerly known as Breadwallet, BRD is behind the utility token Bread (BRD). According

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend