Cryptocurrency alternate Coinbase (NASDAQ:) will purchase cryptographic safety firm Unbound Safety in a transfer that may also have the U.S. firm launch a analysis facility in Israel.

In a Tuesday weblog publish, Coinbase mentioned it could be buying Unbound to realize entry to its cryptographic safety specialists in addition to set up a presence in Israel. The alternate cited Unbound’s work in multi-party computation to supply customers with the “nearly impenetrable nature of chilly, offline storage, with the frictionless comfort of sizzling, on-line wallets.”