Coinbase today acquired cryptocurrency asset manager One River.
Expansion for Coinbase; Image: Coingape
Coinbase today announced the acquisition of digital asset management firm One River. Financial information about the deal was not disclosed. One River will be fully integrated into Coinbase's asset management business and will be managed by Coinbase.
The largest crypto trading platform says it will expand its services and take advantage of the current low market valuations.
One River is a company that focuses on asset management for companies involved in cryptocurrencies.