- One River Digital is an investment adviser registered with the U.S. Securities and Alternate Commission (SEC).
- Coinbase (NASDAQ:COIN) became once an early investor in One River Digital.
- The acquisition of One River Digital will form Coinbaseâ€™s asset administration alternate and offer â€œadvisory companies and products to a unfold of unique and existing institutional purchasers.â€
Coinbase, with no doubt one of basically the most appealing centralized crypto exchanges in the field, is stepping up its asset administration sport.
On Friday, Coinbase introduced that it has acquired One River Digital, an asset administration firm centered on cryptocurrencies that Coinbase became once an early investor.
https://twitter.com/coinbase/space/1631674994584350721?s=20 Coinbase talked about the acquired firm â€œwill form the root of Coinbase Asset Management and offer investment advisory companies and products to a unfold of unique and existing institutional purchasers.â€
â€œCoinbase and [One River Digital] half an ethos grounded...