Coinbase were excited to announce that they had agreed to acquire Tagomi, the leading crypto prime brokerage platform. They stated that the acquisition will bolster their offerings for advanced traders and the most sophisticated crypto investors.

Crypto prime brokerage, offers institutional clients easier access to liquidity, custody, lending and other products. Prime brokerage has been a major offering of many financial instruments for a numbers  of years. However, in crypto industry is somewhat at its infancy.