[ad_1]
The cryptocurrency platform Coinbase reportedly has a previous appointment Head of Digital at Barclays, Brett Tejpaul as the new Head of Institutional Coverage. According to Coinbase, Tejpaul has spent 17 years in global leadership roles in both the UK and the US, including Global Head of Sales (for all Fixed Income and Equities) and Global Head of Credit and Commodities. Emilie Choi, Chief Operating Officer, also noted:
“A theme in Brett’s career has been the creation of new types of businesses within traditional finance, a great fit for this particular role where he will create links between finance 1.0 and cryptoeconomics. “
Choi further noted that Tejpaul and its teams in New York, San Francisco, the UK and Asia will focus on the continued institutionalization of cryptocurrencies.
“This includes continuing to expand our institutional client base, building our hedging team, introducing new features and services that institutional investors have come to expect, and continuing to educate the institutional community about cryptocurrency as an asset class and its role within. of a diversified portfolio “.
Choi went on to explain that Coinbase teams have worked tirelessly to build a suite of institutional-grade products and services designed in a way familiar to professional investors, yet specialized enough to take advantage of everything that makes crypto a truly asset class. only. He added:
“Our exchange, Coinbase Pro, has implemented margin trading for institutional investors in 45 US states, along with a portfolio functionality that allows traders to separate trading strategies and manage multiple managed client accounts, and a platform powerful yet intuitive mobile trading platform for iOS and Android devices. Our institutional-grade custodian, Coinbase Custody, recently passed more than $ 8 billion in archived crypto assets and is the only crypto custodian to obtain SOC1 and SOC2 compliance reports “.
[ad_2]Source link
