Coinbase, the largest US crypto-asset trading platform, has acquired Unbound Security, a cryptography security company headquartered in Israel. Coinbase says the acquisition gives them a new presence in this region, which is “an established and fast-growing technology hub.”
What will be its contribution to Coinbase?
Coinbase heard in a blog post today that it has acquired Unbound Security. The company stated that Unbound has its first moves in cryptography security technology, including the new domain called “MPC”. Technology is promoting easier storage and transfer of digital assets.
Coinbase also confirmed its plans to set up an Israel-based tech hub to continue its tech research behind the acquisition.