GenTwo Digital, a platform based in Switzerland, recently announced a partnership with Coinbase, a well-known cryptocurrency platform. This partnership allows Coinbase’s crypto assets to be wrapped in bankable financial investment products, giving financial intermediaries the opportunity to issue certificates such as AMCs. Any financial intermediary can now create white-labeled investment products in collaboration with GenTwo Digital and execute them through Coinbase’s platform. This move aims to provide a secure institutional gateway to crypto assets and expand the investment universe.
According to Lucas A. Ereth, Managing Partner at GenTwo Digital, this partnership with Coinbase is not only about providing a secure gateway to crypto assets but also about creating a more open financial system for the world. The collaboration between GenTwo and Coinbase is expected to help fulfill GenTwo Digital’s mission of expanding the investment universe. This partnership has the potential to bring more financial intermediaries into the crypto space and provide clients with a wider range of investment options.
Coinbase offers an integrated platform designed for institutions, providing support for the entire transaction lifecycle. This includes advanced multi-venue agency trade execution for 200 assets, custody for over 360 assets, financing, staking infrastructure, data and analytics, and reporting. Institutions can access Coinbase Prime directly through a user interface or via APIs, allowing them to offer crypto-related products like ETPs and ETFs, custodial solutions, or brokerage services for their clients.
Guillaume Chatain, Head of EMEA Institutional Sales at Coinbase, expressed excitement about collaborating with GenTwo to enable authorized financial advisors and intermediaries in Switzerland to provide access to crypto underlyings through passive and actively managed certificates. These instruments will benefit from execution services through Coinbase’s multi-venue execution platform, with assets being held in segregated cold wallets for maximum security. This partnership aims to make it easier for financial advisors to offer crypto-related products to their clients while ensuring the security of their assets.
Overall, the partnership between GenTwo Digital and Coinbase is expected to have a significant impact on the crypto asset securitization industry. By allowing financial intermediaries to create investment products using Coinbase’s crypto assets, the partnership opens up new opportunities for investors and expands the investment universe. With the added security features of Coinbase’s platform, financial advisors can provide their clients with access to a wider range of investment options while ensuring the safety of their assets. This collaboration marks an important step towards creating a more open and inclusive financial system for the world.
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