Coinbase Launches an OTC Trading Desk to Cater for Demand from Institutional Clients-3.64

News reaching Ethereum World News indicate that the popular cryptocurrency exchange of Coinbase is launching an OTC (Over The Counter) trading desk to cater for its Institutional clients. According to Cheddar – a mainstream financial news outlet – the need to open the new OTC desk was as a result of demand from its institutional investors/clients. The OTC desk will eventually be integrated with Coinbase’s Custody service to securely store the digital assets for the clients.

Coinbase shared the news of the OTC desk through an interview with Cheddar and Coinbase Head of Sales, Christine Sandle, who had this to say about why they saw a need to open an OTC trading desk:

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