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Blockchain & Crypto

Сoinbase acquires crypto trading company

May 28, 2020

The company prepared the base for the next wave of crypto investors

Coinbase and Tagomi

Сoinbase acquires crypto trading company. Source:? shutterstock.com

Coinbase has revealed plans to acquire Tagomi, a crypto brokerage firm. According to a statement, Tagomi will round out the company’s product suite for the fast-growing institutional trading market.

As a result, Coinbase will be able to offer custody, professional trading features, and prime brokerage services on the platform.

Since launching 18 months ago, Tagomi has become the platform of choice for many advanced traders, hedge funds, and family offices, including well-known names such as Paradigm, Pantera, Bitwise, Multicoin, and many more. The company has also built out an executive team with a rare blend of traditional financial services and crypto experience, led by co-founders Greg Tusar, Jennifer Campbell, and Marc Bhargava. The Tagomi bench brings experience from leading firms like Goldman Sachs, Citadel, KCG, Tower Research, and USV
Coinbase

We’ve reported that Facebook?introduced?Novi — the new name and brand for its digital wallet Calibra.? The company believes it will help people send and hold?Libra?digital currencies.

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