
Coinbase conferma l'acquisizione di One River Digital Asset Management
- Coinbase, uno scambio di criptovalute, ha acquisito One River Digital Asset Management (ORDAM), che sarà rinominato Coinbase Digital Asset Management (CDAM).
- Following the transition, ORDAM’s team will also join the crypto exchange under the continued leadership of the firm’s current CEO, Eric Peters.
- Lo scambio ha notato nell'annuncio che Peters ha un'esperienza di circa 30 anni nel settore.
- ORDAM will operate under the crypto exchange as its wholly owned subsidiary, and Coinbase wants the transition to happen with “minimal disruption.”
Coinbase, il più grande scambio di criptovalute negli Stati Uniti, ha recentemente fatto notizia in diversi titoli poiché mira ad aumentare la sua presenza nel settore tra il calo della quota di mercato e il calo dei prezzi delle azioni. Anche se la società di recente ha licenziato una parte significativa della sua forza lavoro, ha annunciato l'acquisizione di un'importante società di gestione patrimoniale digitale chiamata One River. La società di gestione esiste dal 2013 ed è stata fondata dal CEO Eric Peters.
Secondo un annuncio da Coinbase, One River Digital Asset Management (ORDAM) passerà gradualmente per diventare Coinbase Asset Management (CBAM) e ora opererà come una sussidiaria indipendente e interamente controllata dall'exchange di criptovalute. Dopo l'annuncio, il prezzo delle azioni dell'exchange di criptovalute è salito di circa 1,2% e COIN è stato scambiato a circa $64,51 dopo la chiusura del mercato il 3 marzo.
“Coinbase and ORDAM share an ethos grounded in prudent risk management, a trait that has enabled both firms to successfully navigate the recent market turmoil. Culturally, our two organizations are strongly aligned on pursuing the opportunity in digital assets with an uncompromising priority on safety and soundness. With this acquisition, we are excited to welcome ORDAM’s best-in-class team to Coinbase and to partner more deeply to expand institutional access to digital assets,” noted the crypto exchange in the blog post.
Interestingly, it has also been confirmed that following the transition of ORDAM to CDAM, the former’s team will also join the crypto exchange under the continued leadership of the digital asset management firm’s current CEO, Eric Peters. Coinbase noted in the announcement that Peters has an experience of around 30 years in the industry.
It is crucial to note that ORDAM is registered with the Securities and Exchange Commission (SEC) as an investment adviser, and the crypto exchange wants “minimal disruption to current business activities” amid the transition.
“ORDAM will continue to operate as an independent entity under Coinbase, segregated from our trading and exchange businesses, with minimal disruption to current business activities and standard controls implemented among well-regulated and diversified financial institutions,” said the crypto exchange.
Coinbase ha recentemente iniziato ad espandere la sua presenza nello spazio crittografico dopo aver sperimentato circostanze sfavorevoli nel 2022 e, di conseguenza, ha anche lanciato una campagna di propaganda contro la SEC for its unfair treatment of crypto exchanges. Interestingly, institutional interest in the crypto exchange remains high, as Cathie Wood’s ARK Invest recently raccolto $9.2 milioni valore delle azioni Coinbase (COIN) a metà Fed.
The crypto exchange noted that as of Q4 2022, roughly 25% of the 100 largest hedge funds in the world by assets under management wanted to work with Coinbase. The exchange noted that the acquisition of ORDAM “aligns with our long-term strategy to unlock further opportunities for institutions to participate in the cryptoeconomy.”