Coinbase Acquires Crypto Asset Manager One River Digital

Crypto exchange Coinbase has purchased One River Digital Asset Management (ORDAM) as the firm aims to improve its services.

ORDAM is a digital asset manager providing institutional clients with the opportunity to buy digital assets through investment products.

The Coinbase announcement further states that Eric Peters will continue to serve as chief executive of CBAM and One River Asset Management, the parent company of ORDAM.

Coinbase has been very active in the space of late and most recently announced that it launched Base – an Ethereum layer-2 network.

As big crypto exchanges are seeking to improve their services, you should also consult a crypto exchange development company for the same or for future exchange development!

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