One River and Coinbase Prime Launch ONE Digital SMA

One River Digital Asset Management has unveiled ONE Digital SMA, a separately managed account (SMA) powered by Coinbase Prime technology that is changing the way digital investment strategies and services are delivered, according to a Friday, February 11. Press release.

The companies called ONE Digital SMA “the first glimpse into the future of asset management in a financial system transitioning to blockchain-enabled infrastructure,” according to the release. The service is available now for institutions and will soon be available for wealth management platforms.

ONE Digital SMA “delivers institutional-grade digital investment strategies directly to a Coinbase Prime account,” the statement said. One River Digital and Coinbase Prime worked together to map investment processes, operational workflows, security requirements, permissions, and application programming interface (API) integrations.

“As asset owners continue to move from digital research to digital implementation in 2022, we are seeing that many customers prefer to own digital assets in their own separate account,” said the head of Coinbase Institutional. Brett Tejpaul in the release. “These asset owners also want the same quality of investment management services that they are used to in traditional investments.”

Coinbase Prime users can access institutional index and active strategies through ONE Digital SMA and retain direct ownership of their digital assets, allowing investors to achieve the highest transparency, security, and cost while maximizing the potential for future returns through value-added services, including staking, according to the statement.

“Leveraging Coinbase Prime technology to deliver ONE Digital SMA has made us push the boundaries of the best possible user experience,” said One River Digital Chief Operating Officer and Chief Risk Officer. Jasmine Burgess in the release. “…By carefully understanding each of our technical environments, we can provide managed accounts with institutional security and complete real-time transparency…”

Earlier this week, Coinbase Global cut its instructions on how to buy at least three cryptocurrency tokens that had “all-in” warnings, referring to scams that could cause you to lose money. to people. Coinbase spokeswoman Jaclyn Sales said the links were removed once they came to the company’s attention.

Read more: Coinbase Global removes some encryption instructions for fear of scam; Avanti closes in on Fed main account



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