Cryptocurrency platform Coinbase announced earlier this week it has appointed Greg Tusar, Co-Founder of U.S.-based institutional crypto brokerage platform Tagomi, as its new Vice President of Institutional Products. The appointment comes just a couple of months after Coinbase acquired Tagomi.
According to Coinbase, Tusar brings more than three decades of experience in electronic trading, technical infrastructure, and market structure. He has held various roles, including Partner and Global Head of Electronic Trading at Goldman Sachs, and Head of Client Market Making and Execution Services at KCG Holdings (now part of Virtu Inc.). Coinbase further revealed:
“As Coinbase continues to build the platforms and services that professional and institutional investors expect, we’re committed to bringing in the best leadership possible to guide our product vision. We strongly believe that it’s only with the right combination of technology and people that we will usher in the next phase of crypto’s institutional adoption.”
Coinbase also noted that Tusar will focus on building out our institutional trading infrastructure and integrating Tagomi’s prime brokerage platform into Coinbase’s institutional product suite, which includes Coinbase Pro and Coinbase Custody. Coinbase added:
“Greg’s experience in both electronic trading and execution as well as trading infrastructure make him uniquely qualified to guide Coinbase’s institutional products as more professional traders and funds seek to allocate portions of their portfolios to crypto assets.”