The largest crypto exchange in the U.S. has just introduced its core principles for its institutional financial products.
North Star for Crypto Voyagers
Three months after Coinbase presented its suite of institutional products in May, the company has disclosed a series of "fundamental beliefs" about how the organization will run and improve its institutional investor-focused business lines.
Adam White, Coinbase's vice president and general manager, compared the five fundamental principles to their “North Star” in the blog post published on August 20.
Adam lists the operation of "fair and orderly" market, protection of customers, and enforcement of “transparent market rules and governance”. Coinbase will be providing “fair access to all market participants” and, at last, promises to “publicly disclose listing practices and market rules.”
The vice president explained that Coinbase expects these core principles to move the company closer to their goal – becoming the most trusted venue for trading and storing crypto assets, which itself brings us to an open financial market for the world.