Coinbase, a serious American cryptocurrency trade and pockets service, has not acquired digital forex brokerage agency Tagomi.
On Nov. 29, sources told CoinDesk that Coinbase acquired Tagomi for $150 million that morning, following purported negotiations between the companies final month. Based on The Block, Tagomi’s lending and borrowing providers made it a tempting target for an acquisition.
Responding to Cointelegraph’s request for touch upon the purported acquisition, Coinbase VP of communications Rachael Horwitz merely mentioned, “100% false.”
Tagomi had reportedly been focusing on extra retail buying and selling shoppers, high-net-worth people and energetic merchants in current months, which put it in competitors with Coinbase’s skilled providing, Coinbase Professional. A hypothetical merge would thus assist Coinbase Professional improve its share within the cryptocurrency market.
Tagomi expands its providers
Tagomi, in the meantime, has been actively increasing its providers. The agency just lately partnered with…