Coinbase, the largest American cryptocurrency company, has introduced a professional trading platform designed exclusively for institutional clients seeking to enter the digital currency market.
The company reported on its Twitter account that:
“Today we're announcing the Coinbase suite of institutional products. As institutions continue to enter the cryptocurrency market, we are committed to building the products and services that uniquely meet their needs.”
Representatives of the company announced a partnership between Coinbase Custody with a SEC-regulated broker-dealer, which will conduct an independent audit of the financial statements of the organization.
Coinbase Custody will launch in partnership with a SEC-regulated broker-dealer. We’re proud to offer Coinbase's cryptocurrency security excellence to leading institutions in the crypto industry starting with our launch partners: pic.twitter.com/8vltOFN6TI
— Coinbase (@coinbase) May 15, 2018
In addition, the company also announced the launch of Coinbase Prime, a new platform designed specifically to provide a suite of tools and services that institutional investors rely on when trading cryptocurrencies.
Coinbase also launched an exclusive support service for institutional clients of Coinbase Institutional Coverage Group, which is designed to help them carry out market transactions. In addition, this unit will provide clients with various studies of market dynamics.
By Ekaterina Ulyanova