Coinbase announces acquisition of One River Digital Asset Management

Coinbase declares acquisition of One River Digital Asset Management

© Reuters
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United States-basically basically based mostly cryptocurrency trade Coinbase (NASDAQ:COIN) has got cryptocurrency-targeted hedge fund One River Digital Asset Management, or ORDAM.

In a March 3 weblog submit, Coinbase acknowledged One River Digital will transition to become Coinbase Asset Management, “an self sustaining enterprise and wholly-owned subsidiary” of the crypto trade. One River Digital is registered as an funding adviser under the U.S. Securities and Alternate Commission and has previously authorized investments from Coinbase to scale its operations.

Proceed Finding out on Coin Telegraph

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