Skew is joining Coinbase!
Today, skew is very pleased to announce that it will be acquired by Coinbase. This is a fantastic milestone in our mission to make cryptocurrency markets more transparent and accessible for institutional investors.
Founded in 2018 in London, UK, the skew team has since grown to nearly 20 employees and through its leading data analytics product now serves over 100 hedge funds, trading firms, banks and exchanges including One River Asset Management, Susquehanna International Group and Galaxy Digital.
While joining Coinbase represents an unparalleled opportunity for skew’s continued growth, we remain acutely focused on supporting our clients and working with our ecosystem partners. We believe our client commitment and offering will only be further enhanced by partnering with Coinbase.
Coinbase is the go-to partner in making cryptocurrency accessible to both retail and institutional customers globally. By joining Coinbase, skew will benefit from a widely increased set of resources which will allow us to accelerate the pace of the platform’s development and support our product ambitions. We very much look forward to working with the Coinbase team to combine skew's leading analytics platform and derivatives expertise with Coinbase’s best-in-class institutional product suite.
Coinbase has been our client since we launched skewAnalytics. Over the course of the last two years, we have not only developed a strong, positive relationship with the Coinbase team but have witnessed first-hand their impressive product-led culture, focus on compliance and commitment to the institutional space. There is a strong alignment between skew and Coinbase and as a result, Coinbase makes a great home for our team.
We believe this is a pivotal moment for skew, but also more broadly for driving access to premium and high-quality data and derivatives knowledge to support the crypto industry at large. None of this would have been possible without the continued support and commitment from our employees, customers and investors: a big thank you to everyone who made this journey possible.
We hope you are as excited as we are, and we look forward to your continued support!
The acquisition is subject to customary closing conditions, and is expected to close in the coming month.