Coinbase Acquires Crypto Asset Manager One River Digital in Voice to Spur Mumble

Coinbase Acquires Crypto Asset Manager One River Digital in Voice to Spur Mumble

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  • 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 Coinbase’s asset administration alternate and offer “advisory 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 “will form the root of Coinbase Asset Management and offer investment advisory companies and products to a unfold of unique and existing institutional purchasers.â€

“Coinbase and [One River Digital] half an ethos grounded...

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