BlockBeats news, on May 4, according to official announcements, Coinbase has partnered with Kemet, a provider of crypto derivatives OEMS (Order and Execution Management Systems) and PMS (Portfolio Management Systems). Through this collaboration, Coinbase Exchange, Coinbase Derivatives Exchange, Coinbase International Exchange, and Deribit will be integrated into the Kemet platform, enabling institutional clients to access Coinbase’s trading venues and route orders across spot, futures, and options through a single interface.
As part of the partnership, Coinbase Ventures will make a strategic investment in Kemet to support a long-term collaboration aimed at enabling large-scale advanced trading. Kemet’s platform provides the capabilities required by institutional trading desks to execute complex derivatives strategies, including advanced multi-leg options strategies, smart order routing, automated Delta hedging, and spread trading algorithms.
Coinbase stated that its goal is to become the most trusted and comprehensive trading platform, continuously expanding the types of assets available for trading and the ways clients can execute complex derivatives strategies. Kemet, as an open multi-broker platform, enables institutions trading across multiple venues to seamlessly access and prioritize Coinbase markets.