Coinbase Assembles Team of Former Wall Street Executive’s
Operating out of the United States, Coinbase has created a specialized team of previous executive leaders on Wall Street to launch a group effort of bringing more investors into the crypto-market. Coinbase also holds a massive $20B hedge fund on its brokerage.
Based in San Francisco, the Coinbase Prime Broker launch is designed to provice more appealing opportunities to investors of all kinds, including institutional, VC and hedge fund leaders to pour more investments in digital currencies as a means of classifying them as legal assests.
Christine Sandler, a former executive of the NYSE, was brought on board to join in and co-lead the exchanges institutional sales and has brought in Hunter Merghart, a former trader at Barclays Bank.
Richard Johnson of Greenwich Associates stated that Coinbase is currently following several new projects that are more financially traditional. These include custody, lending, security assets and through the enormous funding they have, success is inevitable. The exchange explained its Coinbase Prime project, describing it platform designed to host institutional investor trades. Special services are provided through eliminating any limits set in crypto-trading.
On its online homepage, the company states that a team of professionals and experts in institutional trade will guide users through every step of the way, from signing up to delivering unique and high-quality services for its clientele. Plans have already been formed in regards to new offices in NY, Chicago and the UK. Earlier, the company also revealed that its latest acquisitions would be Keystone Capital, Venovate and Digital Wealth as a means of extending their services to other trading platforms and providers.