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New Deal


Announced

Coinbase to acquire skew.

Financials

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

Tags

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Private

Acquisition

Pending

Cross Border

Friendly

Digital Services

Single Bidder

data analytics

United Kingdom

Majority

Synopsis

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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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