Coinbase Custody + Agency OTC: instant liquidity on offline funds

  • Easy and quick trading for offline funds
  • Agency-only OTC desk provides anonymous access to trusted counterparties who have cleared our AML/ KYC policies
  • Our OTC and Custody client service teams provide a high-touch, seamless process from pricing risk through trade settlement
  • Last week, Coinbase Custody completed its first OTC trade directly out of cold storage. This is a major unlock for our clients: easy and immediate liquidity on their offline funds.
The Coinbase Custody dashboard

Coinbase Custody + Coinbase OTC
Coinbase Custody is now directly integrated with Coinbase’s OTC desk. Custody clients can leverage the OTC desk to price and confirm trades before moving funds. Additionally, we’ve honed this process to make it as simple and smooth as possible — our OTC and Custody client service teams work together to provide a single point of contact throughout the entire process. For clients initiating positions, the process is even simpler: they can buy OTC and settle assets directly into Custody.

Agency OTC
Coinbase’s OTC desk is agency-only, and all counterparties must clear our robust KYC and AML policies. As agents acting on our clients’ behalf, we work hard to secure for them the best price in the market. Finally, by standing in the middle of the trades, we preserve anonymity for both counterparties and guarantee settlement.

Vertically Integrated Custody
Our clients were loud and clear that they needed access to instant and anonymous liquidity. We’re pleased to take this first step towards a more vertically-integrated custody service and look forward to adding more features that will make the trading experience as seamless as possible for our clients.

For more information on OTC trading via Coinbase, contact: [email protected]

Coinbase Custody + Agency OTC: instant liquidity on offline funds was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.


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