Cryptocurrency News

Coinbase to acquire Skew to provide real-time actionable data analytics

Coinbase today announces that it is acquiring Skew to provide real-time actionable data analytics to institutions and traders.

According to the official blog post, “We know that access to high quality data is essential for institutions assessing investments in crypto assets. That’s why we’re excited to integrate skew’s data analytics platform with Coinbase Prime, allowing our customers to track cryptocurrency spot and derivatives markets in real-time.”

There are over 7,000 financial institutions which trust Coinbase to access crypto markets. It stores $122 billion of assets on our platform from institutions. The total assets on its platform as of 3/31/21 is $223 billion.

Skew was founded in 2018 in London, UK and its data analytics product now serves over 100 hedge funds, trading firms, banks and exchanges including One River Asset Management, Susquehanna International Group and Galaxy Digital.

“We believe this is a pivotal moment for skew, but also more broadly for driving access to premium and high-quality data and derivatives knowledge to support the crypto industry at large” Skew said via a blog post.

Share
Published by

Recent Posts

Tomarket App – A Guide to $TOMATO Airdrop, Farming and Web 3.0 Drop Event

Tomarket, Telegram's mini-app hits 20+ million all-time users and 8.8+ million daily active users. Tomarket…

2 months ago

Binance Lists Decentralized and Open L1 Blockchain Toncoin (TON) on its Platform

Cryptocurrency exchange Binance, today announces the listing of Toncoin on its platform. Toncoin is a…

3 months ago

iGaming Platform BC.GAME Signs $40 Million Deal to Become Principal Partner of Leicester City

The iGaming platform BC.GAME has signed a landmark $40 million deal to become the "Official…

4 months ago

Coinbase faces new lawsuit that claims SOL, MATIC, NEAR, MANA, ALGO, UNI, XTZ and XLM are securities

Coinbase crypto exchange and its CEO, Brian Armstrong, faces a new lawsuit that claims Solana,…

6 months ago

Service Beyond Gaming: The Support Experience at HugeWin

In the world of online gambling, the quality of customer service can make or break…

7 months ago

Bitcoin (BTC) Cycle: Aiming for $155,000 Peak by August 2025

Since its launch in 2009 Bitcoin has experienced several cycles characterized by bull and bear…

7 months ago

This website uses cookies.