{"id":2419301,"date":"2023-03-03T11:39:26","date_gmt":"2023-03-03T16:39:26","guid":{"rendered":"https:\/\/xlera8.com\/coinbase-acquires-one-river-digital-to-expand-into-institutional-trading\/"},"modified":"2023-03-20T17:15:07","modified_gmt":"2023-03-20T21:15:07","slug":"coinbase-acquires-one-river-digital-to-expand-into-institutional-trading","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/coinbase-acquires-one-river-digital-to-expand-into-institutional-trading\/","title":{"rendered":"Coinbase Acquires One River Digital to Expand into Institutional Trading"},"content":{"rendered":"<p>Coinbase, one of the world\u2019s leading cryptocurrency exchanges, recently announced that it has acquired One River Digital, a digital asset management firm. This acquisition is part of Coinbase\u2019s strategy to expand its services into the institutional trading space. <\/p>\n<p>One River Digital is a digital asset management firm founded by Eric Peters, a former executive at Goldman Sachs and Morgan Stanley. The firm has been providing institutional investors with access to digital assets since 2019. With this acquisition, Coinbase will be able to leverage One River Digital\u2019s expertise in the institutional trading space and expand its services to include institutional-grade products and services. <\/p>\n<p>The acquisition is part of Coinbase\u2019s larger strategy to become the go-to platform for institutional investors. Coinbase has already made a number of moves to expand its services for institutional investors, including launching Coinbase Prime, a platform for institutional investors, and Coinbase Custody, a digital asset storage service. <\/p>\n<p>Coinbase\u2019s acquisition of One River Digital is a significant step forward in its mission to become the go-to platform for institutional investors. With this acquisition, Coinbase will be able to provide institutional investors with access to digital assets, as well as the tools and services needed to manage them. <\/p>\n<p>Coinbase\u2019s expansion into the institutional trading space is an important step in the evolution of the cryptocurrency industry. As more institutional investors enter the market, it will help to increase liquidity and stability in the market. It will also help to legitimize cryptocurrencies as an asset class, which could lead to increased adoption and usage. <\/p>\n<p>Overall, Coinbase\u2019s acquisition of One River Digital is an important step in its mission to become the go-to platform for institutional investors. With this acquisition, Coinbase will be able to provide institutional investors with access to digital assets, as well as the tools and services needed to manage them. This move is an important step in the evolution of the cryptocurrency industry and could lead to increased adoption and usage of cryptocurrencies.<\/p>\n<p>Source: Plato Data Intelligence: <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoaistream.com\">PlatoAiStream<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase, one of the world\u2019s leading cryptocurrency exchanges, recently announced that it has acquired One River Digital, a digital asset management firm. This acquisition is part of Coinbase\u2019s strategy to expand its services into the institutional trading space. One River Digital is a digital asset management firm founded by Eric Peters, a former executive at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2527027,"menu_order":0,"template":"","format":"standard","meta":[],"aiwire-tag":[1383,313,560,5045,6087,1761,1149,11,1150,17,132,18,343,21,851,4215,5587,852,790,23,138,368,29,2658,2660,17464,6465,227,979,864,5377,14395,983,868,869,5594,870,17396,2574,10049,17467,5497,161,1204,1206,3346,1788,1219,50,239,1016,240,1025,10425,4393,4394,5693,245,475,57,749,389,170,2216,58,4893,5597,17472,477,172,60,61,62,3264,350,692,291,17473,2490,2820,67,613,614,68,6013,69,17474,17475,1064,11583,1065,544,75,183,17402,17403,262,79,824,80,5,10,7,8,3122,1813,5126,190,661,356,496,4409,634,1114,99,1701,7201,100,2625,17479,778,2382,780,108,109,360,206,111,1377,2694,5206,9,212,122,124,125,362,1740,6],"aiwire":[2122],"_links":{"self":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2419301"}],"collection":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire"}],"about":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/types\/platowire"}],"author":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/users\/2"}],"version-history":[{"count":1,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2419301\/revisions"}],"predecessor-version":[{"id":2520363,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2419301\/revisions\/2520363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media\/2527027"}],"wp:attachment":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media?parent=2419301"}],"wp:term":[{"taxonomy":"aiwire-tag","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire-tag?post=2419301"},{"taxonomy":"aiwire","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire?post=2419301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}