Coinbase Derivatives and Pico have established a collaboration aimed at enhancing trading infrastructure and connectivity.
Jarrod Yuster
Through the “strategic relationship” Pico is set to leverage its deep industry expertise to boost Coinbase Derivatives’ connectivity infrastructure.
Jarrod Yuster, chair, founder and chief executive of Pico, said: “We recognise the growing demand for advanced technology infrastructure, high-performance connectivity, data and analytics in the digital assets industry.”
“[…] We have again proven our ability to provide innovative, reliable and scalable solutions tailored to the needs of digital asset markets, as well as leading banks, exchanges, asset managers and trading firms.”
Read more: Coinbase wins approval to offer federally regulated crypto futures trading to eligible US customers
Specifically, the move entails a complete infrastructure migration, including relocating existing systems whilst ensuring operational continuity.
In addition, the intra-colocation connectivity which has been introduced works to optimise communications between critical infrastructure components. The relationship will also connect Coinbase Derivatives and Pico clients.
“[Coinbase] provided a dedicated customer service team that gave us comprehensive oversight into the migration and ensured successful execution with minimal disruption to our operations,” added Greg Tusar, vice president of institutional product for Coinbase.