Coinbase Partners with One River to Offer Separately Managed Accounts

One River Asset Management firm announced on Friday that it partnered with Coinbase cryptocurrency exchange to offer separately managed accounts (SMA) to clients as part of efforts to drive institutional investors to its funds.

The separately managed accounts (SMA) is a popular alternative to mutual funds in traditional finance where wealthy investors hold assets directly and use an external asset management platform.

In a blog post published on Friday, One River has integrated a new product, ONE Digital SMA (separately managed accounts) powered by Coinbase Prime technology. The new product is created to enable institutional investors, especially wealth managers, to use the ONE Digital SMA while availing themselves to One River’s trading expertise and at the same time holding all their assets directly on the Prime platform (Coinbase Custody).

The account, offered via Coinbase Prime, provides institutional investors with a suite of digital investment strategies and indexes in an easy-to-use SMA (separately managed account) platform. In turn, wealth management firms and large financial advisors would be able to manage an increasingly larger proportion of their client’s assets.

Coinbase Prime is the
 
 exchange 
’s turnkey solution for exchanges, brokerages, and financial tech firms. Brett Tejpaul, the Head of Institutional Coverage at Coinbase, stated that Coinbase Prime clients prefer owning digital assets in their own segregated accounts. He, however. mentioned that these clients also want the same quality of investment management services that they usually get from traditional investments.

Tejpaul said: “ONE Digital SMA is the best of both worlds. It delivers market-leading access and secure custody via Coinbase Prime and institutional grade investment products and services from One River Digital.”

Integrating Technology to Service Innovation

This is not the first time Coinbase is involved in addressing the needs of institutional investors. The crypto exchange has been working to provide efficient institutional-level services to its clients through the integration of innovative technologies.

In December last year, Coinbase partnered with Enfusion, a Netherlands-based provider of cloud-based portfolio management and risk system, to offer seamless cryptocurrency trading to institutional investors. The two firms are working on a platform integration, which is expected to be completed during the second quarter of 2022, to give institutions easy access to the rising market of digital assets.

In September 2021, Coinbase Prime launched innovative features to assist clients in the management of their portfolios. In January last year, Coinbase acquired Routefire, a crypto trade execution startup, to expand its Prime brokerage
 
 execution 
.

One River Asset Management firm announced on Friday that it partnered with Coinbase cryptocurrency exchange to offer separately managed accounts (SMA) to clients as part of efforts to drive institutional investors to its funds.

The separately managed accounts (SMA) is a popular alternative to mutual funds in traditional finance where wealthy investors hold assets directly and use an external asset management platform.

In a blog post published on Friday, One River has integrated a new product, ONE Digital SMA (separately managed accounts) powered by Coinbase Prime technology. The new product is created to enable institutional investors, especially wealth managers, to use the ONE Digital SMA while availing themselves to One River’s trading expertise and at the same time holding all their assets directly on the Prime platform (Coinbase Custody).

The account, offered via Coinbase Prime, provides institutional investors with a suite of digital investment strategies and indexes in an easy-to-use SMA (separately managed account) platform. In turn, wealth management firms and large financial advisors would be able to manage an increasingly larger proportion of their client’s assets.

Coinbase Prime is the
 
 exchange 
’s turnkey solution for exchanges, brokerages, and financial tech firms. Brett Tejpaul, the Head of Institutional Coverage at Coinbase, stated that Coinbase Prime clients prefer owning digital assets in their own segregated accounts. He, however. mentioned that these clients also want the same quality of investment management services that they usually get from traditional investments.

Tejpaul said: “ONE Digital SMA is the best of both worlds. It delivers market-leading access and secure custody via Coinbase Prime and institutional grade investment products and services from One River Digital.”

Integrating Technology to Service Innovation

This is not the first time Coinbase is involved in addressing the needs of institutional investors. The crypto exchange has been working to provide efficient institutional-level services to its clients through the integration of innovative technologies.

In December last year, Coinbase partnered with Enfusion, a Netherlands-based provider of cloud-based portfolio management and risk system, to offer seamless cryptocurrency trading to institutional investors. The two firms are working on a platform integration, which is expected to be completed during the second quarter of 2022, to give institutions easy access to the rising market of digital assets.

In September 2021, Coinbase Prime launched innovative features to assist clients in the management of their portfolios. In January last year, Coinbase acquired Routefire, a crypto trade execution startup, to expand its Prime brokerage
 
 execution 
.

Source: https://www.financemagnates.com/cryptocurrency/coinbase-partners-with-one-river-to-offer-separately-managed-accounts/