Coinbase Launches Web3 Wallet Targeting Institutional and Enterprise Clients

Coinbase launches Web3 wallet for institutional DeFi and NFT transactions

the Coinbase Prime Web3 wallet tailored to the fundamental needs of institutional clients. Coinbase notes that this wallet can be integrated into enterprises’ existing workflows.to keep the history of all activities, including the full detailed transaction descriptions, hence facilitating proper auditing.

For instance, enterprises can assign roles to users, with stipulations of the level of access allowed. Moreover, the Prime Web3 wallet can mirror the entity hierarchy the institutional client uses, making assigning roles even easier.Kevin Johnson, Vice President of Institutional Sales and Trading at Coinbase, remarked on the need for such a solution, stating:

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