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.

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

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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.

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

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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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