Major crypto exchange Coinbase has acquired the crypto wallet startup BRD in an effort to enhance its self-custody capabilities. Meanwhile, the wallet's native token has jumped over 720% in a single day.
In a statement addressing the BRD community published on Wednesday, co-founders Adam Traidman and Aaron Voisine revealed that members of the BRD team will be continuing their mission at Coinbase, where they will "work to bring the power of decentralization to even more users around the globe."
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