Deals
Coinbase Expands Institutional Services With Tagomi Purchase
- Greg Tusar and fellow Tagomi co-founders to join Coinbase
- Tagomi billed itself as the first live crypto prime brokerage
A Coinbase Inc. sticker is seen on a laptop computer at the company's office in San Francisco, California, U.S.
Photographer: Michael Short/BloombergThis article is for subscribers only.
Coinbase Inc., the largest U.S. cryptocurrency exchange, is expanding its services for institutional investors with the acquisition of digital brokerage Tagomi.
Tagomi’s platform is able to automate crypto trades valued at millions of dollars that many other firms still execute manually. Customers include family offices and crypto funds such as Pantera Capital, Bitwise and Multicoin Capital.