Coinbase taps Egyptian-founded Kemet for institutional crypto derivatives expansion
- Kemet partners with Coinbase to simplify access to derivatives products for institutional clients.
- The deal allows access to Coinbase’s trading venues through a single platform.
- Kemet has raised an undisclosed investment from Coinbase Ventures.
The partnership between Kemet and Coinbase represents a significant step towards enhancing the crypto trading infrastructure in Africa. However, the ongoing regulatory challenges and market infrastructure limitations must be addressed to fully realize the potential of institutional-grade derivatives trading in the region.
