Coinbase announces its acquisition of Skew

US-based cryptocurrency exchange $Coinbase has announced the acquisition of #Skew, the leading crypto -focused corporate data analytics platform.

In the statement, it was noted that Skew's data analytics platform will be integrated with Coinbase Prime so that customers can follow the crypto currency spot and derivatives markets in real time and make more informed trading decisions. Financial details of the acquisition have not been disclosed.

According to shared data, corporate assets held in Coinbase are worth $ 122 billion and the company has more than 7000 corporate customers.

London-based Skew was founded in 2018 by Emmanel Goh and Tim Noat. The company has since grown to serve more than 100 customers, including One River Asset Management and Susquehanna International Group.