Coinbase targets 10 Billion Dollar funds for bitcoin investment in coinbase custody

Coin base CEO just announced that they are creating a coin base custody for their institutional investors
Armstrong further believes that the finance market currently has over $10 billion in institutional money which has been sitting on the side.
Their investors are looking for a secured way to invest money in cryptocurriencies
In the long-term, Armstrong further emphasized that Coin base will focus on facilitating the investment of institutional money into the Bitcoin market, with its capital and strong teams of developers.