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Crypto Exchange Coinbase Acquires Crypto Prime Broker Tagomi

Ramsey Baker

Summary: Coinbase, the cryptocurrency exchange unicorn, has announced the acquisition of aspiring cryptocurrency prime broker, Tagomi. According to a report from The Block on Wednesday, the deal is worth somewhere from $70 million to $100 million. This is one of Coinbase's biggest acquisitions to date and will help fill out the exchange's institutional business, which deals ...

Coinbase, the cryptocurrency exchange unicorn, has announced the acquisition of aspiring cryptocurrency prime broker, Tagomi.

According to a report from The Block on Wednesday, the deal is worth somewhere from $70 million to $100 million. This is one of Coinbase's biggest acquisitions to date and will help fill out the exchange's institutional business, which deals with professional trading services and custody.

By Ramsey Baker

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Link: Crypto Exchange Coinbase Acquires Crypto Prime Broker Tagomi   [Copy]
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