Breaking: Coinbase is Acquiring Crypto Data Analytic Firm Skew

Breaking: Coinbase is Acquiring Crypto Data Analytic Firm Skew

Coinbase Inc ($COIN), the cryptocurrency exchange that made its public debut a couple of weeks back is set to acquire crypto data analytic firm Skew. Skew is a popular crypto analytic firm known for offering in-depth market analysis of various crypto assets. Coinbase would integrate the Skew data on its platform for users to have a better understanding of the crypto market.

The cryptocurrency exchange has partnered with the data analytics firm back in 2018. Skew in its official blog claimed that the acquisition would help both the companies to take the crypto ecosystem forward.

By joining Coinbase, the skew will benefit from a widely increased set of resources which will allow us to accelerate the pace of the platform’s development and support our product ambitions. We very much look forward to working with the Coinbase team to combine skew’s leading analytics platform and derivatives expertise with Coinbase’s best-in-class institutional product suite.

Today, we are incredibly excited to share the news that skew will be joining @Coinbase to continue our journey of unlocking institutional adoption of the cryptoeconomy!— skew (@skewdotcom) April 30, 2021


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