(Twitter) BRD’S utility token rose up to 500% after Coinbase said it had acquired the crypto wallet in an undisclosed amount.
BRD customers will continue transacting as usual, but will later have an option to migrate to Coinbase Wallet.
Coinbase says BRD has exceptional expertise in self-custody crypto wallets making it an important addition in its push towards the decentralized crypto world. The exchange also says BRD is critical in its Web 3 pursuit with the ultimate aim to raise economic freedom globally.
BRD, launched in 2014, has more than 10 million customers globally.
BRDUSD is currently down -8.96%, COIN: NASDAQ is up +0.77% on premarket.
