Coinbase partners with Caspian in an effort to attract professional traders

25 Sep, 2018
by Richard Allen
News
Coinbase partners with Caspian in an effort to attract professional traders

California-based cryptocurrency exchange Coinbase has partnered with token-based trading and risk-management platform Caspian in a bid to attract professional traders and financial firms, according to a Medium post.

The deal will see Caspian integrate with Coinbase Prime to bring sophisticated trading and portfolio management functionality to Coinbase’s customers.

“We’re delighted to cement this important partnership with Coinbase, which will see one of the world’s leading digital currency trading venues join forces with one of the most exciting emerging crypto platforms,” said Robert Dykes, CEO of Caspian. Our goal at Caspian has always been to make it is as frictionless as possible for professional traders and investors to trade and manage portfolios of cryptocurrencies in order to drive exponential growth in this market and we’re delighted that Coinbase shares this vision.”

The partnership presents a chance to truly move forward the institutional adoption of crypto as a mature, tradable asset class,” Kayvon Pirestani, Director of Institutional Sales at Coinbase said.

According to CoinDesk, Caspian described as “the first institutional grade full-stack crypto trading and risk management platform,” currently connects 25 crypto trading platforms, including Coinbase, Gemini, Bitfinex, Poloniec, Huobi, OKex, and Binance.  

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Read more about: Coinbase

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