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Peter Thiel-Backed Electronic Brokerage Firm Tagomi Launches

The Tagomi digital assets brokerage, which is backed by PayPal co-founder Peter Thiel’s Founders Fund, has launched today.

Tagomi Holdings Inc., an electronic brokerage startup backed by PayPal co-founder Peter Thiel’s venture capital firm, has launched, according to a Dec. 17 press release.

Tagomi is an electronic brokerage for digital assets. The firm’s offerings include cross market execution, capital management, post-trading reporting, as well as settlement and custodial services.

According to Chief Executive Officer of Tagomi, Jennifer Campbell, the company aims to ease the operational challenges related to trading digital assets. The company caters to clients that “require institutional operational standards.”

As Cointelegraph reported in October, institutional investors replaced high net-worth individuals as the biggest buyers of cryptocurrency transactions over $100,000. A recent report from…

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2018-12-18 01:25:00

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Written by Cointelegraph

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