Coinbase unveils new products

Posted 15 May, 2018

The largest US-based crypto trading platform – Coinbase – announced new products designed solely for institutional investors willing to enter the market.

According to the news reports, the company representatives reported a cooperation between Coinbase service division Coinbase Custody and broker-dealer registered by US SEC that would carry out an independent audit of the financial records.

Besides, the company has also presented the first institutional clients.

Coinbase is also said to open a new office in Chicago to maintain sufficient level of security and performance of Coinbase Markets platform.

In addition, the company has also launched separate trading platform for institutional clients called Coinbase Prime powered by specific tools and services. In the future, it can be the foundation for OTC-platform.

For last, Coinbase is also getting ready to put on stream a one-of-a-kind support service for institutional investors –  Coinbase Institutional Coverage Group, that will be designed to provide assistance in market operations. Moreover, the division also will deliver different market studies.

Previous story

16 May, 2018 11:23

← Ripple company starts Xpring project

USA's Ripple company has announced new project Xpring. With the new program, the company strives to lure business partners to use its XRP coin and blockchain in their innovative solutions. According to the reports, the new startup will be led by the former Facebook director on a partnership with third-party platforms, Ethan Beard.

Ripple company starts Xpring project

Next story

15 May, 2018 13:54

US dollar improves on US state-bonds recovery →

US dollar has posted some gains on Tuesday after hitting the bottom a day before. The increase is related to softer trade tensions in the international market, which pushed state-bonds yield above 3% again. The US Dollar index rose to some 92.62 after touching the bottom at  92.11 since the start of May. The US dollar benefited from the recovery of US state-bonds yield...

US dollar improves on US state-bonds recovery
Write a comment
 
Prove you’re not a bot + 5 = 11