Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

Cointelegraph

Published Dec 08, 2018 07:52PM ET

Updated Dec 08, 2018 08:02PM ET

Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

With the increasing trend for major financial institutions to invest in Bitcoin, United States crypto exchange and wallet provider Coinbase announced the launch of over-the-counter (OTC) trading for institutional customers on Nov. 27.

OTC trading allows investors to carry out direct trades with each other. It means that the company’s institutional users won’t be trading through a crypto exchange or an intermediary.

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