Product Hunt Daily Digest
May 15th, 2018

Coinbase launched 2 NEW products 🏦
Coinbase Prime 🤑
Yesterday, crypto-unicorn Coinbase launched two big products to support the next generation of crypto hedge funds.

Cryptocurrency-focused hedge funds like Metastable Capital and Polychain manage hundreds of millions, every new fund is forced to build their own internal trading infrastructure.

Coinbase's new products both make launching your own cryptocurrency hedge fund easier:

🔒 Coinbase Custody lets funds and institutions store their tokens inside Coinbase's secure vault, responsible for protecting over $20 billion in customer deposits every day.

🏦 Coinbase Prime is a powerful cryptocurrency trading platform for institutions. It's drastically similar to GDAX, which Coinbase publicly spun off in 2016 for more experienced traders.
 

Details are sparse on Prime, but it's fair to assume that this will be primarily marketed towards crypto hedge funds.

If you're itching to invest in crypto, you can build your own index fund of tokens without paying Coinbase:

Baffled? Token Daily curates the most important crypto news, and here's a stunning visual explanation of the blockchain. ✨

HIGHLIGHT

Keeping coworkers happy isn't easy, but this Slackbot can help.

Get emoji-powered data-driven insights about your employee's mood and productivity. 📊✨

Sponsored By
Stand out with Zendesk for Startups, a scalable customer experience solution. Get 6 months free.
Apply now