Cryptocurrency data analytics platform skew acquired by Coinbase

CryptoNinjas » Cryptocurrency data analytics platform skew acquired by Coinbase

Coinbase, the popular bitcoin/crypto exchange company, announced today it is acquiring skew, a cryptocurrency data visualization, and analytics platform.

“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, Institutional Product

Today, more than 7,000 financial institutions trust Coinbase as their one-stop-shop for accessing crypto markets. Coinbase offers a fully integrated suite of institutional products that provides a powerful, and compliant ecosystem for clients to trade, store, interact, and now analyze crypto markets.

Coinbase will continue to serve customers of skew’s analytics product and invites new customers to try the skew platform by signing up for an account on skew.com.

Based in London, skew was co-founded in 2018 by CEO Emmanel Goh and COO Tim Noat, with a mission to make cryptocurrency markets more transparent and accessible to institutional finance. Since then, the company has grown to serve more than 100 customers, including One River Asset Management and Susquehanna International Group,

The acquisition is subject to closing conditions and is expected to close in Coinbase’s fiscal Q2.

CryptoNinjas » Cryptocurrency data analytics platform skew acquired by Coinbase