Crypto exchange Coinbase Global Inc. (NASDAQ: COIN) on Tuesday announced the launch of Project Diamond, a new smart contract-powered platform aimed at institutions, designed to facilitate the creation, purchase and sale of digitally native assets. The first transaction on Project Diamond was the issuance, distribution and maturity of a digital debt instrument, which served as a technical demonstration for the Financial Services Regulatory Authority, Coinbase stated in a blog. This initial transaction, conducted on Nov. 10, was part of Coinbase’s preparation to enter the Abu Dhabi Global Market…

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