Coinbase Signs New Partnership To Attract Pro Traders

Giant American cryptocurrency exchange, Coinbase has partnered Caspian, a token startup, as it is set to attract institutional investors and traders into to cryptocurrency industry. This was made known through an official press release on the 24th of September 2018.

Coinbase’s New Partnership

The latest partnership between them will lead to Coinbase integration of the Caspian sophisticated trading and portfolio management functionalities to Coinbase’s customer base. Caspian prides itself as the first institutional grade full-stack crypto trading and risk management platform for professional traders and investors, to aid the growing number of financial institutions interested in trading cryptocurrencies.
This new partnership will, therefore, exploit Coinbase institutional product offerings, which includes Coinbase Prime and Coinbase Custody, and its Institutional Coverage Group.
Robert Dykes, CEO of Caspian noted that the firm is delighted to secure such a partnership with such a global brand, Coinbase which will see one of the world’s leading digital currency trading venues to join forces with one of the most exciting cryptocurrency platforms.
Robert further mentioned that the goal of Caspian is to have a friction-less experience for professional traders and investors to trade and manage portfolios of cryptocurrencies to drive exponential growth in the market. He concluded by stating that the firm is delighted for Coinbase, who are sharing a similar vision.
Kayvon Pirestani, Director of Institutional Sales stated that their partnership will birth institutional grade order and risk management tools to the increasing numbers of cryptocurrency trading firms around the world.
Also, it will afford customers the best elements of the two platforms in accessing wide historical market cap and deep pool liquidity in combination with the Caspian suites of seamless trading tools. Kayvon further pointed out that the partnership is not just a commercial venture, but an avenue to drive at the goal of institutional adoption of cryptocurrencies.

About Caspian and Coinbase

Caspian happens to be the first institutional grade full-stack crypto trading and risk management platform. A joint venture between Tora and Kinetic. Caspian has partnered with 25 major exchanges in the world to share its distinctive features and vision. This includes Coinbase, BitMEX, Gemini, Bitfinex, Poloniex, Huobi, OKEx, BitFlyer and Binance.
As part of a strategy to attract institutional investors into cryptocurrency, Caspian has been partnering firms such as Galaxy Digital and Blocktower.
Coinbase has also been aiming at attracting institutional investors into cryptocurrency space. This has led the platform to launch platforms such as Custody, Prime and Institutional coverage group.

Related posts
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTNewsxbtusd

Software Giant Palantir Joins the Bitcoin Race, Hints At Gigantic BTC Buy

What do Tesla, Time magazine and WeWork have in common? All companies have, in the last three months, announced either a significant investment in cryptocurrency or a newfound acceptance of it as a means of payment from customers. The most…
cryptocurrencyCryptocurrency NewsebayNewsNFT

NFTs Land Great Feat On eBay

NFTs are everywhere these days. Iconic tweets, digital art, and even memes are being turned into NFTs and sold for everything from a few dollars to millions of dollars each. More and more marketplaces are taking shape to sell NFTs…
cryptocurrencyDOGEdogecoinDOGEUSDElon MuskNewstesla

Dogecoin Blows Hot As ‘Dogefather’ Elon Musk Considers Making DOGE A Payment Option At Tesla

Dogecoin was expected to race to the moon after Elon Musk’s SNL performance, but the asset took the bearish route and dipped until nearly 40% of its value was lost. The crypto went from a high of $0.73 to a…