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New Deal


Announced

Coinbase to acquire Tagomi.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

cryptocurrency exchange

Pending

Private

cryptocurrencies

bitcoin mining

IT Services: Other

United States

cryptocurrency exchange platform

Friendly

Acquisition

Majority

Synopsis

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Coinbase, a cryptocurrency exchange company, is set to acquire Tagomi, an advanced cryptocurrency brokerage platform specifically targeted at professionals and institutional investors. Financial terms were not disclosed. "We are going to be integrating the Tagomi platform into our product suite and it will form the foundation for the future of our institutional trading business. Tagomi will continue to operate for the near future. We’re still thinking through long-term options," Shan Aggarwal, Coinbase Head of corporate development.

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