Coinbase acquires trading execution platform Routefire

Coinbase acquires trading execution platform Routefire

The exchange seeks to improve its Prime suite of brokerage tools for institutions. Major cryptocurrency exchange Coinbase has acquired the Routefire platform for enhanced trade execution.In a Jan. 7 blog post, Routefire CEO Jason Victor announced that the team would now be developing its execution services for Coinbase, while thanking users for their support over the last three years.Routefire started in late 2017, with a mission to enhance trading infrastructure in the crypto market. They developed products that allow traders to automatically search multiple sources of liquidity to find....


Related News

Coinbase Acquires Routefire to Beef Up Institutional Bitcoin Offering

Leading U.S. crypto exchange Coinbase has acquired trade execution startup Routefire. The terms of the deal were not disclosed.

As Bitcoin rises above $41K, can Coinbase keep up with the rally?

Major crypto exchange Coinbase appears to be operating smoothly even as Bitcoin sets a new price high above $41,000. Coinbase is under the microscope as the Bitcoin price surged past $41,000 following a minor retrace after topping $40,000 on Thursday.The United States-based crypto exchange is known for experiencing serious connectivity issues during periods of peak trading activity. Indeed, these disruptions have reportedly prevented traders from taking advantage of price gains and dips, robbing them of profit-taking and reentry opportunities.As Cointelegraph recently reported, Coinbase....

Coinbase executed MicroStrategy’s $425M Bitcoin purchase in September 2020

One of the largest Bitcoin purchases in 2020 took more than five days to complete. Coinbase, the United States’ largest cryptocurrency exchange, announced that it facilitated one of the largest institutional Bitcoin (BTC) purchases in 2020.According to an official announcement, Coinbase was selected as the primary execution partner for MicroStrategy’s $425 million purchase of Bitcoin in September 2020.Brett Tejpaul, head of institutional sales at Coinbase, provided more details about the purchase as well as the company’s aim to facilitate institutional purchases in a Dec. 1 blog....

Intel Discloses Holding Coinbase Stake in Filing With SEC

Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange Coinbase Intel has disclosed it owns Coinbase stock in a quarterly report submitted to the U.S. Securities and Exchanges Commission (SEC) on Friday. The Santa Clara, California-based technology company bought the stake following the listing of the cryptocurrency exchange this spring. According to....

Coinbase Acquires Fairx Exchange to Make Derivatives Market Approachable for ...

Nasdaq-listed cryptocurrency exchange Coinbase has acquired a regulated derivatives trading platform. Coinbase plans to make the derivatives market more approachable to millions of its retail customers. Coinbase Plans to Offer Crypto Derivatives to All US Customers Nasdaq-listed crypto exchange operator Coinbase announced Wednesday that it has acquired....