Coinbase custody of digital assets
Company: Riot
The claim, verbatim
Coinbase securely stores Riot's digital assets in segregated cold wallets in Riot's name with private keys stored in offline storage.
Source (primary)
Riot 8-K filed 2024-12-20 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Coinbase is a U.S. based custodian that securely stores the Company's digital assets in one or more segregated cold wallets, in the Company's name, secured by Coinbase. Coinbase securely stores all private keys in offline storage.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing's summary of the agreement's account terms states each of these points directly.
Confirmed in the source:
- Coinbase securely stores Riot's digital assets
- The assets are held in one or more segregated cold wallets
- The wallets are in Riot's name
- All private keys are stored in offline storage
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837024016437/riot-20241216x8k.htm) in full (7,658 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2024-12-20
Quote: “Coinbase is a U.S. based custodian that securely stores the Company's digital assets in one or more segregated cold wallets, in the Company's name, secured by Coinbase. Coinbase securely stores all private keys in offline storage.”