Coinbase Prime, the institutional branch of the well-known cryptocurrency exchange, has declared that it will discontinue custody support for 49 alternative cryptocurrencies by the end of this month.

The decision will impact a variety of lesser-known tokens, including those linked to specialized blockchain projects and real estate-related tokens.

The announcement was made in a post on X (formerly Twitter) on April 14. It stated that Coinbase Prime regularly reviews the assets it supports to ensure they meet their standards, leading to the discontinuation of custody support for 49 assets by the end of the month.

Among the affected tokens are BOSAGORA (BOA), 0chain (ZCN), pNetwork (PNT), Telcoin (TEL), and Oraichain Token (ORAI), as well as Sentinel Protocol (UPP), Cellframe (CELL), Ideaology (IDEA), and RioDeFi (RFUEL), which serve various purposes within the blockchain industry.

Additionally, real estate and investment-related assets like 1717 Bissonnet (1717), The Edison (EDSN), Draper Garland Apartments (GFDG), and Forest Crossing Apartments (GFFC) are also impacted.

Coinbase Prime offers services tailored to institutional investors, including custody, trading, and financing solutions. The decision to remove these assets from custody support may be due to factors such as low liquidity, market activity, or failure to meet compliance standards.

Clients using Coinbase Prime are advised to transfer or liquidate their holdings before the end of April 2025. The platform currently supports over 430 assets, so the removal of these tokens represents a minor adjustment in its overall offering.

The move to delist these assets aligns with Coinbase's focus on more liquid tokens and better catering to the needs of institutional clients amidst a challenging cryptocurrency market.