Coinbase has tried for years now to centralize US crypto markets with limited success. Having a number of competing US crypto exchanges in a decentralized format will always be better than a coinbase monopoly for american consumers. While the success of coinbase is nice to see from a perspective of crypto adoption gaining more mainstream notoriety. The best policy for consumers is to throw money and business at alternatives to coinbase, to prevent a monopoly from forming.
Decentralization and free markets are usually better than centralized monopolies. I think most would agree.
Topic: Skew data analysis platform will join Coinbase (Read 94 times)
Coinbase is trying to be a bank that provides central financial services. They, like Facebook and Google, have a lot of data and they will sell and analyze it to make money from it.
Investors and stock owners like companies with more information and details.
Is Skew data analysis service linked to Bitcoin derivatives analytics information or is it for tax and data tracking purposes?
Investors and stock owners like companies with more information and details.
Is Skew data analysis service linked to Bitcoin derivatives analytics information or is it for tax and data tracking purposes?
The cryptocurrency exchange Coinbase announced on Friday that it intends to buy the Skew data analysis platform for an unspecified amount. This is the first purchase of the company after the direct listing of its shares earlier this month.
Coinbase, which started its public trading on April 14, connects Skew platform data to its main brokerage platform, Coinbase Prime, which includes Bitcoin derivatives market, trading volume, charts and fluctuation information. he does. The deal is expected to be finalized in the second quarter of the year.
"We know that access to high-quality data is essential for institutions evaluating investment in cryptographic assets," Greg Tusar, the operator's vice president of institutional products, said in a blog post. Coinbase bought Tagomi last year in a deal that boosted the exchange's institutional product portfolio. Tagumi was reportedly valued at $ 77.2 million at the time of the transaction.
Earlier this year, Coinbase announced the acquisition of cryptographic infrastructure company Bison Trails with the aim of creating a business similar to Amazon Web Services. The exchange said in January that it had also acquired the Routefire trading platform.
Source: https://www.theblockcrypto.com/linked/103404/coinbase-set-to-acquire-data-and-analytics-platform-skew-for-undisclosed-sum
Coinbase, which started its public trading on April 14, connects Skew platform data to its main brokerage platform, Coinbase Prime, which includes Bitcoin derivatives market, trading volume, charts and fluctuation information. he does. The deal is expected to be finalized in the second quarter of the year.
"We know that access to high-quality data is essential for institutions evaluating investment in cryptographic assets," Greg Tusar, the operator's vice president of institutional products, said in a blog post. Coinbase bought Tagomi last year in a deal that boosted the exchange's institutional product portfolio. Tagumi was reportedly valued at $ 77.2 million at the time of the transaction.
Earlier this year, Coinbase announced the acquisition of cryptographic infrastructure company Bison Trails with the aim of creating a business similar to Amazon Web Services. The exchange said in January that it had also acquired the Routefire trading platform.
Source: https://www.theblockcrypto.com/linked/103404/coinbase-set-to-acquire-data-and-analytics-platform-skew-for-undisclosed-sum
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