CoinRoutes Acquires QIS Risk for $5M to Enhance Institutional Crypto Trading Infrastructure

CoinRoutes, a leading institutional cryptocurrency trading platform, has acquired QIS Risk, a digital asset portfolio and risk management provider, in a $5 million cash-and-stock deal. The merger combines CoinRoutes' algorithmic execution technology with QIS Risk's real-time analytics, creating a comprehensive suite for institutional traders.

The integrated platform now offers connectivity to over 50 exchanges and 3,000 digital assets, with capabilities spanning centralized and decentralized venues. Key features include portfolio monitoring, stress testing, and derivatives tracking across both traditional and DeFi markets.

Fred Cox, QIS Risk founder, joins CoinRoutes as global CTO, tasked with expanding European operations. "Digital assets have reached an inflection point where institutions require enterprise-grade infrastructure," Cox noted, underscoring the growing institutional demand for sophisticated crypto tools.