Coinbase backs Kemet to expand institutional access to derivatives markets
Crypto Briefing
Coinbase partnered with Kemet and made a strategic investment to enhance institutional access to its various crypto derivatives trading venues.Summary
Coinbase has entered a partnership with Kemet, a trading infrastructure provider, to integrate its various platforms, including Coinbase Exchange and Coinbase Derivatives Exchange, into Kemet’s interface. This move, supported by a strategic investment from Coinbase Ventures, aims to streamline institutional access to complex crypto derivatives strategies. The collaboration follows Coinbase's $2.9 billion acquisition of Deribit, further cementing the firm's goal of creating a unified platform for spot, futures, and options trading.
(Source：Crypto Briefing)