The company says that Coinbase Custody will employ a range of security measures, including "on-chain segregation of crypto assets," "offline, multi-sig and geographically distributed transaction protection" as well as "robust cold storage auditing and reporting." Alongside cold storage, reportedly pending regulatory notifications, the company plans to add "secure, segregated hot wallets" and scheduled withdrawals to increase flexibility. Notably, today's post suggests that Coinbase is planning to enable its new institutional clients to "to participate in the crypto ecosystem through proof of stake and distributed governance," although further details of these plans are not outlined. Coinbase Custody is the first to launch out of a suite of new products revealed by Coinbase in May, which it has said could "unlock $10 billion of institutional investor money sitting on the sideline."