Routefire moves to Coinbase to grow bitcoin offering. Leading U.S. crypto exchange Coinbase has acquired trade execution startup Routefire.
In a blog post shared on January 7, the firm disclosed “While we’ll no longer be supporting the Routefire platform, we are very excited to continue on our mission of bringing advanced trading infrastructure to the rapidly developing cryptocurrency markets by joining Coinbase,”
The firm added “We remain deeply committed to this ecosystem and are excited to help develop Coinbase’s market-leading suite of institutional products, which provides the true end-to-end solution that we believe best meets our customers’ needs.”
It is Coinbase’s first acquisition of the new year, although a small one. The website of the San Francisco-based Routefire shows a team of seven led by CEO Jason Victor.
