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Crypto prime brokerage service Tagomi is joining the Libra Association, becoming the 22nd member and the second to join since the group was formally founded in October 2019.According to TechCrunch, Tagomi is set to formally announce its intention to join the association later this week. It joins ecommerce platform Shopify,
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Tagomi, a crypto prime broker headquartered in New York, will join the Libra Association, the governing body for the Facebook-led stablecoin. Tagomi was founded by Jennifer Campbell in 2018, a former associate at Union Square Ventures.Tagomi will become the Libra Association’s 22nd member. Members of the association are expected
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Coinbase, a major American cryptocurrency exchange and wallet service, has not acquired digital currency brokerage firm Tagomi.On Nov. 29, sources told CoinDesk that Coinbase acquired Tagomi for $150 million that morning, following purported negotiations between the firms last month. According to The Block, Tagomi’s lending and borrowing services made
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Coinbase Prime, the exchange’s institutional trading platform was launched last year to attract Wall Street capital to crypto. The addition of Tagomi should bring more in the way of institutional investors to Coinbase, including hedge funds, family offices and individual retirement accounts (IRAs). Source
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“Tagomi and Coinbase were in talks last week – well Coinbase acquired Tagomi this morning for $150 million,” a source who claimed knowledge of the deal told CoinDesk. Both companies denied any acquisition subsequent to the story's publication. A source at Tagomi told CoinDesk that the two companies have had
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Binance’s cryptocurrency trading platform for United States-based users, Binance.US, has partnered with crypto brokerage firm Tagomi to provide institutional liquidity for its users.The partnership was announced in a Nov. 21 press release, detailing that Binance.US will now offer institutional liquidity for Tagomi’s users, including quant funds, venture funds, family
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The New York-based cryptocurrency brokerage and trading platform Tagomi has solved one of the biggest challenges associated with trading cryptocurrencies: how to short Bitcoin(BTC)trade and Ethereum (ETH)trade with ease. As reported by Bloomberg Quint, the firm is aiming to make cryptocurrency shorting easy and address the key issues faced by
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New York-based cryptocurrency brokerage and trading platform Tagomi allows its users to lend or borrow Bitcoin (BTC) and Ether (ETH) to facilitate long or short trades.Bloomberg Quint reported on Sept. 12 that the exchange aims to make shorting easier by offering immediate access to multiple counterparties from a single
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