Coinbase Acquires Routefire
Coinbase, a San Francisco, CA-based a digital currency exchange company, acquired Routefire, a provider of execution services and trading technology in cryptocurrencies. Led by Jason Victor, CEO, Routefire was a premier provider of execution services and trading technology in cryptocurrencies. The company developed a sophisticated execution suite in crypto, with eight algorithmic order types and connectivity to virtually all sources of potential liquidity. According to a post by Victor, the team will now be discontinuing its services with the team joining Coinbase to continue developing execution services for digital assets. They will no longer be supporting the Routefire platform and will help develop Coinbaseâ€™s suite of institutional products.