Announced Coinbase Custody As Custodian For The9's Digital Assets, Including Bitcoin

The9

17/06/2021 07:06

June 17 (Reuters) - The9 Ltd  NCTY.O :
    * THE9 LTD -  ANNOUNCED COINBASE CUSTODY AS CUSTODIAN FOR
THE9'S
DIGITAL ASSETS, INCLUDING BITCOIN
    * THE9 LTD - PLANS TO DEPOSIT AT COINBASE CUSTODY PART OF
ITS
CRYPTOCURRENCIES MINED
    * THE9 LTD - FIRST BATCH WILL BE 200 BITCOIN TO BE DEPOSITED
INTO
THE9'S SEGREGATED COLD STORAGE ACCOUNT AT COINBASE CUSTODY
    * THE9 LTD - PLANS TO INCREASE DEPOSITS INTO THIS CUSTODY
ACCOUNT,
FROM TIME TO TIME, AS THE9 MINES MORE CRYPTOCURRENCIES
    * THE9 LTD - WILL STORE REST OF DIGITAL ASSETS IN VARIOUS
COLD
WALLETS IN LINE WITH ITS RISK MITIGATION AND MANAGEMENT POLICIES

Source text for Eikon:  ID:nPnFKwJqa 

 ((Reuters.Briefs@thomsonreuters.com;))