As part of its effort to offer more diverse crypto assets across borders and become the "Google of Crypto," Coinbase has acquired Neutrino which will help it conduct blockchain intelligence to beef up its compliance monitoring across various protocols.
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Coinbase acquires blockchain-tracking startup Neutrino for an undisclosed price
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“This is particularly important as we work with regulators and agencies in different countries to bring new assets there,” Coinbase’s director of engineering and product, Varun Srinivasan, told CoinDesk. He added that Neutrino would help Coinbase identify “which new tokens are gaining value and gaining traction in the space.”
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