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Coinbase Buys Unbound Security, Marking Its Presence in Israel

  • Crypto exchange bought at least three companies in November
  • Developer seeks to store and transfer tokens more securely

Coinbase Global Inc. said it acquired Israel’s Unbound Security, which developed ways to store and transfer crypto tokens more securely and easily.

Terms weren’t disclosed. Coinbase has acquired more than 13 companies this year. Earlier in November, the largest U.S. cryptocurrency exchange purchased India’s Agara, to improve its customer service. It also brought over the team from crypto wallet BRD.