{"id":260249,"date":"2020-05-13T23:27:31","date_gmt":"2020-05-14T03:27:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=260249"},"modified":"2021-08-06T08:43:24","modified_gmt":"2021-08-06T12:43:24","slug":"bitfinex-koine-partner-to-better-serve-institutional-investors","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitfinex-koine-partner-to-better-serve-institutional-investors","title":{"rendered":"Bitfinex, Koine Partner to Better Serve Institutional Investors"},"content":{"rendered":"
Bitfinex, a popular cryptocurrency exchange, revealed that it would partner with Koine, a digital assets custody platform, to enable “investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies,” a blog post from the latter group notes<\/a>.<\/p>\n Essentially, the partnership is in place to improve the platform’s trading environment, ensuring that institutional investors have the services they need to feel safe on the platform.<\/p>\n On top of this, those who have an account both with Bitfinex and Koine can bring out a line of credit on Bitfinex to trade.<\/p>\n An excerpt from the post notes:<\/p>\n “As a cryptocurrency exchange offering capital markets grade trading infrastructure, Bitfinex is at the forefront of offering state-of-the-art services such as the provision of algorithmic trading. The collaboration with Koine delivers a trading environment that meets the needs of institutional investors, providing fund managers with a separate custody solution while maintaining continuous ownership throughout the trade lifecycle.”<\/p><\/blockquote>\n Recently, Bitfinex has been expanding its services and offerings. As InsideBitcoins has previously reported on<\/a>,\u00a0the platform has recently launched what it calls Bitfinex Pulse, a platform for discussions and other social matters. It’s essentially a social network run by a cryptocurrency exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"