Coinbase partnered with One River Digital Asset Management to provide additional services

Lens1000

VIP Contributor
In the cryptocurrency world, there are a slew of new projects in the works. To create advancements, several ideas were dreamt up. Cryptocurrency exchange Coinbase recently announced a cooperation with One River Digital Assets Management to provide institutional-grade wealth managers with an exclusive platform for acquiring digital asset investments and engaging in related activities.

The ONE Digital SMA will give users access to "a suite of digital investing strategies and indices on an easy-to-use separately managed account platform," according to Coinbase.

Users of Coinbase will now get the most out of the new service. Payments and transactions on Coinbase will gain a lot of value as a result of this. The project aims to increase the exchange's visibility in the worldwide crypto industry.

Coinbase summarized the service in its announcement, saying:

"ONE Digital SMA is a solution for wealth managers who wish to provide direct ownership of assets, total transparency, and the possibility to optimize future returns through value-added services like staking to their customers."
One River Digital receives $41 million in funding from Goldman Sachs and Coinbase.

Users, particularly those in the United States, will be exposed to the adoption of digital assets as a result of the project. It is, without a doubt, a commendable endeavor that will improve the experience of crypto consumers.
 
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