Coinbase, the global cryptocurrency exchange platform, has partnered with iVE.ONE, the leading provider of a state-of-the-art infrastructure for banks, asset managers, corporates and investment companies to access digital assets, to provide institutional investors with easy and secure access to the crypto economy.
Through this partnership, iVE.ONE’s institutional clients can now invest in crypto through Coinbase’s trusted and secure infrastructure.
This strategic move makes iVE.ONE the only platform provider to offer a full range of services in addition to security tokens, powered by Coinbase.
“If you look at the landscape for digital assets available to institutional investors, you can quickly see that the ecosystem has not yet been fully thought-through – be it for Security Token Offerings or cryptocurrencies,” says Phong Dao, CEO & Co-Founder of the iVE.ONE platform. While many companies that focus on STOs are aiming to provide services such as asset tokenization in digital securities, iVE.ONE’s new offering is unique in the industry.
“A recent client request to allocate up to 100 million euro into digital assets is testament to the strong demand for our latest offering. Coinbase, as one of the leading cryptocurrency platforms, was the ideal, trusted partner for us to develop this together with. The partnership enables us to confidently provide our corporate and institutional client base with a safe and secure way through which to diversify their portfolios through cryptocurrencies. We are looking forward to developing along-term partnership with Coinbase to meet these increasing institutional demands, and further expand our reach in Germany and across Europe”, Phong continues.
“With a 170% rise in institutional crypto trading on our platform in Q1, the demand for digital assets in the sector is soaring. I fully expect that institutional investors such as corporates and family offices will follow suit, and grow their exposure to digital assets,” says Drew Robinson, Institutional Sales Lead for Coinbase in EMEA. “We’re seeing a new asset class emerging right now, although it’s still early days. By providing institutional investors with easy and secure access to digital assets together with iVE.ONE, we are confident that we can start to break down traditional barriers to crypto adoption, and accelerate the trend.”
The partnership is very timely. It follows the April 2021 change in law to allow institutional investment funds – Spezialfonds – to allocate up to 20% of investments to crypto-assets in response to the rapidly growing demand from investors to access crypto.
iVE.ONE provides access for corporates, institutional investors and asset managers to a modernized capital market with blockchain technology. iVE.ONE offers corporates and investors worldwide, a ready-to-use infrastructure for issuance and investments with an intuitive and user-centric interface for accessing digital assets and cryptocurrencies. This product is built on global regulation and compliance. iVE.ONE is funded byFinLab EOS VC, a collaboration between block.one and FinLab AG, tokentus Investment AG and High-Tech Gründerfonds.
Coinbase is the frontier of the new crypto-economy – which is fairer, more accessible, more efficient and more transparent thanks to blockchain technology. In 2012, Coinbase had a revolutionary idea: every person in the world should be able to send and receive digital assets like Bitcoin in a simple and secure way. Since then, the company has built a reliable and intuitive platform that provides easy access to a wide range of crypto products.