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Coinbase: Acquired One River Digital Asset Management

Coinbase: Acquired One River Digital Asset Management

  • Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform
  • Acquired One River Digital Asset Management (ORDAM), a premier institutional digital asset manager
  • The acquisition aligns with our long-term strategy to unlock further opportunities for institutions to participate
  • With over $130 billion of quarterly institutional trading volume and over $50 billion of institutional assets on the platform
  • Products are purpose-built to provide secure access to digital assets and Web3
  • As of Q4 2022, roughly 25% of the 100 largest hedge funds in the world by reported assets under management

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