Cryptocurrencies
Coinbase Makes Push in Asia With Crypto Institutional Services
- Digital exchange sought Wall Street expansion in the spring
- Expects rivals to use custodial services to prevent hacks
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Coinbase Inc. is turning to Asia a little more than six months after making a big push to become the go-to trading platform for Wall Street when it comes to all things related to digital currencies.
“Asia is super important to the crypto ecosystem,’’ Kayvon Pirestani, head of institutional sales in Asia for the San Francisco-based company, said in an interview. “It’s home to some of the most active retail traders in the world as well as a lot of institutional investors.”