Correction: Coinbase and Tagomi Deny Acquisition
A prior report that Tagomi had been acquired by Coinbase was incorrect, according to spokespeople at both companies.
Coinbase, BitGo and Genesis all announced plans to become prime brokers this month. Here's what the trend reveals about the state of the industry.
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast.
Coinbase is now measuring new capital coming in for bitcoin in the billions, according to the firm's head of institutional coverage.
Crypto exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading for institutional clients.
Tagomi is joining the Libra Association.