Announced

Coinbase to acquire skew.

Synopsis

Coinbase, a digital currency exchange, agreed to acquire skew, a developer of a cryptocurrency derivatives analytics platform. Financial terms were not disclosed. "I’m thrilled to announce that Coinbase is acquiring skew, the leading institutional data visualization and analytics platform for crypto markets. Through this acquisition, Coinbase reinforces our commitment to serving the growing institutional market. 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. With skew, we’ll arm professional traders with dynamic, aggregated market data, presented in a highly actionable format, all within our market leading prime brokerage," Greg Tusar, Coinbase Vice President.

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