Share this article
Coinbase Acquires Cryptographic Security Firm Unbound for Undisclosed Sum
As part of the acquisition, Coinbase will also establish a presence in Unbound’s native Israel.
Updated May 11, 2023, 6:02 p.m. Published Nov 30, 2021, 2:36 p.m.
In this article
Crypto exchange Coinbase has acquired cryptographic security company Unbound Security to expand its multi-party computational (MPC) capabilities.
- Coinbase considers Unbound Security to be a pioneer in MPC, a subset of cryptography that allows multiple parties to evaluate a computation without any of them revealing their own private data.
- With the acquisition, Coinbase will also establish a presence in Unbound’s native Israel, according to a blog post Tuesday.
- Financial terms of the acquisition were not disclosed. Coinbase did not immediately respond to CoinDesk’s request for comment.
- “Secure multi-party computation is an application of advanced mathematics to enable crypto assets to be stored, transferred and deployed more securely, easily and flexibly than ever before,” Coinbase wrote in its blog post.
Read more: Coinbase Acquires Crypto Wallet Firm BRD for Undisclosed Amount
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Exodus joins stablecoin race with MoonPay-backed digital dollar
The public crypto wallet firm joins Circle and PayPal in issuing stablecoins.
What to know:
- Exodus is launching a fully reserved, USD-backed stablecoin with MoonPay to power self-custodial payments in its crypto wallet app.
- The stablecoin will support Exodus Pay, a new feature enabling users to spend and send digital dollars without relying on centralized exchanges.
- With the launch, Exodus joins a short list of public companies, including PayPal and Circle, backing stablecoin products.
Top Stories
