📣 Access KKR's latest Health Care Growth private equity fund!

Securitize Logo

How to use Coinbase Wallet for Securitize’s Digital Securities

The Coinbase Wallet app provides a great experience to invest in Digital Securities Offerings and hold the purchased securities as tokens.

Jun 16, 2019

The Securitize Platform provides a simple and convenient way for investors to access Digital Securities Offerings and follow the full lifecycle of their investment. Investors can on-board and provide their information, decide how much they want to invest and which currency to use, and register their wallets to receive the tokens that reflect their Digital Securities investment.

Some more traditional investors, less familiar with crypto investment and its tools, may struggle with some aspects of the process, like how to set up a wallet to hold their tokens.

There are lots of options available: self-managed software wallets (like MyEtherWallet), hardware wallets (like Ledger devices), or custody providers. In this last category, for instance, BitGo is already supporting the Blockchain Capital token BCAP, a DS Token issued via Securitize’s platform:

BitGo Launched Custody for Blockchain Capital’s Security Token BCAP and Coinbase Custody announced just last week that they are now supporting it too:

Coinbase Custody now supports deposits and withdrawals for $BCAP

— Coinbase Custody (@CoinbaseCustody) June 5, 2019

But for many investors, looking for a solution to hold their tokens with something they already own (their phone) and without having to deal with the complexities of addresses and private keys, Coinbase Wallet provides free, user-controlled cryptocurrency wallet app that can fit their needs.

Coinbase Wallet is a convenient way to turn your smartphone into a wallet, leveraging the security elements in your device (like iPhone’s Secure Enclave and biometric security like FaceID) as well as recovery mechanisms like iCloud backup (stored independently from Coinbase), which may provide the right balance between security and simplicity of use for many users. And unlike Coinbase.com, Coinbase does not see or hold private keys for the tokens stored in the Coinbase Wallet app. (note: Coinbase Ventures is an investor in SecuritizeCoinbase Ventures is an investor in Securitize).

Investing in Digital Securities with Coinbase Wallet

The Securitize platform allows issuers wanting to accept cryptocurrencies like BTC or ETH as a means of investment to provide this option to investors.

As part of the process, investors will be presented with a message to facilitate their sending of funds, like this one (addresses have been altered for security):


Invest with crypto in a Securitize opportunity


Scanning QR-codes with Coinbase Wallet

Sending these funds with the Coinbase Wallet app is quite simple. You only need to use the QR-code scanner available directly in the app, and you will be able to scan the address and send funds directly to it.

Once the code is scanned, the app allows you to confirm how much ETH (or BTC) you want to send. And, if you don’t have enough funds in Coinbase Wallet, thanks to the integration with Coinbase you can easily transfer it from there.


Coinbase Wallet allows to easily get funds from your existing Coinbase account

Holding Digital Securities in your Coinbase Wallet

The Coinbase Wallet app also allows you to directly hold your Digital Securities in your phone.

For a wallet to be able to hold Digital Securities you first need to register it via the investor dashboard in the Securitize platform. This is very important because since Digital Securities are regulated instruments, they need to be held in wallets that have been associated with an investor identity, and the investor needs to prove they control the wallet.

You can do this by sending a small amount of ETH to an address provided by the investor dashboard when the “Register Wallet” option is used:


Securitize requires sending a small amount of ETH to demonstrate ownership of your wallet

Sending 0.001 ETH from the Coinbase Wallet app is very simple! And once you do it, after a few moments (the time it takes the Securitize platform to track the transaction in the Ethereum blockchain) your Coinbase wallet will be registered and ready to receive Digital Securities:


Once your wallet shows “Ready” status, you can have tokens issued directly to your Coinbase Wallet app, or receive them from other wallets.

For instance, this is how the Coinbase Wallet app shows that it has received 2 SPICE tokens, representing Digital Securities from SPiCE VC:


Coinbase Wallet holding to SPICE tokens (and some ETH)

Following this simple process, your Coinbase Wallet will be able to hold the different Digital Securities that Securitize has helped to issue using its Digital Securities Protocol.

And, we have plans to enable new and more flexible ways for you to hold and manage your Digital Securities. Keep following our posts to learn more and stay up-to-date.

© 2022 Securitize, LLC
All rights reserved
Check the background of Securitize Markets on Finra BrokerCheck.

Securities are offered through Securitize Markets, LLC, (“Securitize Markets”) a registered broker-dealer and member FINRA/SIPC. Neither Securitize Markets, nor any of its affiliates provide any investment advice or make any investment recommendations to any persons, ever, and no communication through herein or in any other medium should be construed as such. Securities offered on the Securitize Markets ATS have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Assets listed herein, such as digital assets or tokens using blockchain, are speculative, involve a high degree of risk, are generally illiquid, may have no value, have limited regulatory certainty, are subject to potential market manipulation risks and may expose investors to loss of principal. Investments in private placements, start-up investments in particular, are also speculative and involve a high degree of risk. Investors must be able to afford the loss of their entire investment. Eligibility to buy and sell securities on the Securitize Markets ATS is determined by Securitize Markets in its sole discretion. Offers to sell, or the solicitations of offers to buy any security can only be made through official offering documents that contain important information about risks, fees and expenses associated with the applicable securities available for trading on the Securitize Markets ATS. Investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed herein, and are encouraged to consult with a financial advisor, attorney, accountant, tax advisors, and any other professional that can help you to understand and assess the risks associated with any investment opportunity. Past performance is not indicative of future results. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided herein or through any references/links herein. Any financial projections or returns shown herein are provided by the issuer of the relevant security and Securitize Markets has not verified the accuracy. Further, there can be no assurance that any valuations provided by issuers are accurate or in agreement with market or industry valuations. Securitize Markets and its affiliates make no representations or warranties as to the accuracy of such information. Securitize Markets may collect certain information about you that helps us comply with various securities regulations and rules and the USA PATRIOT Act, a Federal law that requires all securities firms to obtain, verify, and record information that identifies each applicant. The information also helps us more fully understand your investment profile and identify what types of investments or strategies may be suitable for you. The term “Investors” used on this website, typically refers to accredited investors where applicable. Please note: if we cannot verify the information you provide, we may be required to restrict or deny your account. Trading during Extended Hours Trading Sessions carries unique risks, such as greater price volatility, lower liquidity, wider bid/ask spreads, and less market visibility, and may not be appropriate for all investors. There is no guarantee that a diversified portfolio will enhance overall returns, outperform a non-diversified portfolio, or prevent against loss. By accessing this site and any pages thereof, you agree to be bound by our Terms of Service and Privacy Policy.