Marex Solutions, a division of Marex Group that specialises in customised derivative products, and Coinbase Prime, a crypto custodians and liquidity hubs, have formed a partnership that will broaden both parties institutional digital hedging and crypto investment capabilities.
This partnership combines Marex Solutions leading expertise in building derivative solutions and Coinbase Prime’s market leading crypto custody, liquidity and prime services. It will allow both firms to expand their respective crypto product offerings, with Marex Solutions and Coinbase Prime’s institutional clients gaining access to a broader universe of structured products based on crypto underlyings.
The agency-only model adopted by Coinbase Prime suits Marex Solutions’ Derivatives Engine, allowing for multi-venue liquidity and best execution, enabling attractive pricing and reliable secondary market liquidity.
“Both Marex Solutions and Coinbase are focused on empowering our collective institutional clients,” says Nilesh Jethwa, Marex Solutions CEO. “We have deep expertise in hedging and investment solutions, while Coinbase is the clear market leader for accessing and storing crypto assets.
“Our partnership brings the best-in-class financial toolbox to digitally native players, while providing secure and easy access to crypto economics to traditional financial institutions. We’re building a two-way bridge between the traditional finance and digital worlds.”
