Thursday, January 27, 2022

Coinbase Prime Partners with Enfusion, Targets Institutional Investors

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Coinbase Prime introduced yesterday that the corporate has established a collaboration with Enfusion to supply seamless crypto buying and selling to institutional traders. The integration, which is predicted to be accomplished throughout the second quarter of 2022 (Q2 2022), will give establishments quick access to the rising market of digital belongings.

Coinbase Prime expects main monetary establishments to extend their crypto publicity sooner or later. The firm goals to offer environment friendly institutional-level crypto providers to its shoppers by way of the combination of modern applied sciences.

“Enfusion’s connectivity with Coinbase Prime will allow us to seamlessly manage our crypto positions alongside other assets from a single interface, streamlining our trading operations. We’re very excited to see two platforms we rely on the everyday team up to continue improving how institutions access the crypto markets,” said Eric Peters, CEO and CIO of One River, a leading asset management firm.

In September 2021, Coinbase Prime announced the launch of innovative features to help clients in the management of their portfolios. Earlier this year, Coinbase acquired Routefire to expand Prime Brokerage execution.

OEMS Enfusion

According to Brett Tejpaul, Head of Institutional Sales, Trading, and Prime at Coinbase, institutional interest in digital assets has increased substantially in the last 12 months.

“By providing straight-through processing to Coinbase Prime via APIs, Enfusion is providing its clients institutional access to digital asset custody and algorithmic trading, with the potential to further our relationship in the future,” he mentioned in a latest put up.

“We’re excited to connect to our first OEMS Enfusion, as their native multi-asset management system is a natural first choice to collaborate with on a joint institutional offering. We expect financial institutions to continue to increase their portfolio exposure to crypto, and we’re committed to offering the best tools to enable them to manage it efficiently,” Tejpaul added.

Coinbase Prime introduced yesterday that the corporate has established a collaboration with Enfusion to supply seamless crypto buying and selling to institutional traders. The integration, which is predicted to be accomplished throughout the second quarter of 2022 (Q2 2022), will give establishments quick access to the rising market of digital belongings.

Coinbase Prime expects main monetary establishments to extend their crypto publicity sooner or later. The firm goals to offer environment friendly institutional-level crypto providers to its shoppers by way of the combination of modern applied sciences.

“Enfusion’s connectivity with Coinbase Prime will allow us to seamlessly manage our crypto positions alongside other assets from a single interface, streamlining our trading operations. We’re very excited to see two platforms we rely on the everyday team up to continue improving how institutions access the crypto markets,” said Eric Peters, CEO and CIO of One River, a leading asset management firm.

In September 2021, Coinbase Prime announced the launch of innovative features to help clients in the management of their portfolios. Earlier this year, Coinbase acquired Routefire to expand Prime Brokerage execution.

OEMS Enfusion

According to Brett Tejpaul, Head of Institutional Sales, Trading, and Prime at Coinbase, institutional interest in digital assets has increased substantially in the last 12 months.

“By providing straight-through processing to Coinbase Prime via APIs, Enfusion is providing its clients institutional access to digital asset custody and algorithmic trading, with the potential to further our relationship in the future,” he mentioned in a latest put up.

“We’re excited to connect to our first OEMS Enfusion, as their native multi-asset management system is a natural first choice to collaborate with on a joint institutional offering. We expect financial institutions to continue to increase their portfolio exposure to crypto, and we’re committed to offering the best tools to enable them to manage it efficiently,” Tejpaul added.



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