Coinbase to acquire leading institutional crypto brokerage, Tagomi

Over the past eight years, Coinbase has built one of the most trusted names in crypto by providing clients with industry-leading trading and custody platforms. Today, we’re at an inflection point in the industry, with some of the world’s top hedge fund and macro investors entering the space and searching for the right infrastructure through which to engage with crypto. This is why we’re excited to announce that we’ve agreed to acquire Tagomi, the leading crypto prime brokerage platform. The acquisition will bolster our offerings for advanced traders and the most sophisticated crypto investors. We’ve seen a swell in demand from institutional investors over the past year, driving tremendous growth in our Coinbase Custody offering and increased volumes on our trading platforms. This has led us to build advanced features such as margin trading for institutional investors and new tools to help investors segregate their trading strategies. Most recently, we expanded Coverage for larger clien

Over the past eight years, Coinbase has built one of the most trusted names in crypto by providing clients with industry-leading trading and custody platforms. Today, we’re at an inflection point in the industry, with some of the world’s top hedge fund and macro investors entering the space and searching for the right infrastructure through which to engage with crypto. This is why we’re excited to announce that we’ve agreed to acquire Tagomi, the leading crypto prime brokerage platform. The acquisition will bolster our offerings for advanced traders and the most sophisticated crypto investors.