Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round. Announced Wednesday, the crypto custody tech provider, which uses a technique called multi-party computation (MPC), received investment from CommerzVentures, Coinbase Ventures, Digital Currency Group (DCG), Team8 and Digital Garage Lab Fund.
Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm
In brief Coinbase has added support for Compound's COMP token. Users can buy, sell, and store their COMP like other assets available via Coinbase. COMP token value has grown rapidly since distributions of the governance token started earlier this month. Coinbase is getting in on DeFi's hottest new token.