May 27, 2020 ⋅ 1 min read
Leading U.S. retail exchange Coinbase has acquired institutional prime broker Tagomi in an all-stock deal worth “significantly less” than the $150 million reported earlier in the year according to Coindesk. The deal is the largest of Coinbase’s numerous acquisitions, with the most notable being Xapo which was bought last fall for $55 million. While it is yet to be finalized, the Tagomi acquisition is expected to close later this year.
Why it matters
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Gain an edge over the market with professional grade tools, data and research.
Already a member? Sign in
Gain an edge over the market with professional grade tools, data and research.
Already a member? Sign in