{"id":43171,"date":"2021-05-25T18:11:07","date_gmt":"2021-05-25T15:11:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43171"},"modified":"2025-08-31T02:28:19","modified_gmt":"2025-08-30T23:28:19","slug":"coinbase-updates-coinbase-prime-to-attract-institutional-investors","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coinbase-updates-coinbase-prime-to-attract-institutional-investors\/","title":{"rendered":"Coinbase updates Coinbase Prime to attract institutional investors"},"content":{"rendered":"<p>The Nasdaq-listed bitcoin exchange Coinbase has unveiled a beta version of its broker platform for institutional investors, Coinbase Prime, with expanded functionality. The announcement is in<a href=\"https:\/\/blog.coinbase.com\/coinbase-institutional-is-proud-to-announce-the-unveiling-of-our-new-prime-offering-9790e068f0a9\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> \u0431\u043b\u043e\u0433\u0435<\/a> of the company.<\/p>\n<p><!--more--><\/p>\n<p>Among the new tools are access to market data from more than 10 venues, expanded analytics and support, automated order execution at the best price, and staking.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cCoinbase has reimagined Prime based on feedback from hundreds of customers to bring to market the first integrated product offering,\u201d the company said.<\/p>\n<\/blockquote>\n<p>The updated version is part of the company&#8217;s plan to attract new institutional clients. Coinbase noted that the service is aimed at banks, large investors and organisations that \u201cwant to add cryptocurrency to their balance sheets.\u201d<\/p>\n<p>According to the company, by the end of March 2021 more than 8,000 clients had entrusted the platform with $122 billion.<\/p>\n<p>In 2020, Coinbase acquired the cryptocurrency prime broker Tagomi for $75 million.<\/p>\n<p>In January 2021, the bitcoin exchange acquired the <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-acquires-routefire-an-institutional-investor-focused-startup\">Routefire service<\/a>. It also acquired the <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-acquires-blockchain-infrastructure-solutions-provider-bison-trails\">blockchain infrastructure solutions provider Bison Trails<\/a>.<\/p>\n<p>In April,<a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-to-acquire-analytics-platform-skew\"> Coinbase announced the acquisition of the data provider<\/a> on cryptocurrency derivatives markets Skew.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq-listed bitcoin exchange Coinbase has unveiled a beta version of its broker platform for institutional investors, Coinbase Prime, with expanded functionality. The announcement is in the company&#8217;s blog.<\/p>\n","protected":false},"author":1,"featured_media":43172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[138,1156],"class_list":["post-43171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinbase","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=43171"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43171\/revisions"}],"predecessor-version":[{"id":43173,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43171\/revisions\/43173"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/43172"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=43171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=43171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=43171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}