CoinRoutes Acquires QIS Risk For $5M to Bolster Institutional Crypto Trading Tools

CoinRoutes has acquired QIS Risk for $5 million in cash and stock, aiming to enhance its institutional crypto trading capabilities. This acquisition merges CoinRoutes' algorithmic execution technology with QIS Risk's portfolio monitoring and risk analytics tools. Fred Cox, the founder of QIS Risk, will assume the role of global CTO at CoinRoutes, focusing on technology operations and expanding the firm's presence in Europe. The combined services will cater to institutions seeking execution across both centralized and decentralized exchanges, providing tools for real-time portfolio management, stress testing, and counterparty risk evaluation. Since its inception, CoinRoutes has executed over $500 billion in trades, emphasizing a need for enterprise-grade infrastructure in the evolving digital asset market. The collaboration follows a trend of increasing institutional adoption of cryptocurrency trading infrastructure, highlighting the urgency for advanced tools in the investment lifecycle.

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