Coinbase, the largest cryptocurrency exchange in the US, is acquiring the London-based data and analytics startup Skew. The acquisition, announced today, will allow Coinbase to provide real-time data to institutional investors.
Skew was founded in 2018 by Emmanuel Goh and Tim Noat. It offers market data and charts tailored to crypto traders—it’s a little like Messari or TradingView.
In an email to Decrypt, a spokesperson for Coinbase said that skewAnalytics—one of Skew’s data offerings—would be integrated into Coinbase Prime, the company’s platform for institutional investors. When asked if this meant that current Skew subscribers would gain access to Coinbase Prime, or if skewAnalytics would live on as an independent product, the spokesperson said all of that is still „TBD.”
“Through this acquisition, Coinbase reinforces our commitment to serving the growing institutional market,” Greg Tusar, Coinbase’s vice president of institutional product, said in a statement.
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