CoinRoutes was built from the ground up to handle the unique market structure of crypto assets. Over the past five years, we've become a leading provider of algorithmic trading strategies and execution management.
Today, we support trading for over 3600 spot and derivative instruments across 60 major exchanges and liquidity providers.
In early 2017, CoinRoutes was born from Ian Weisberger’s idea to build a software platform to help crypto traders navigate the fragmented markets. He brought Dave Weisberger aboard to capitalize on his experience in building algorithmic platforms in traditional financial markets. Dave & Ian spent the summer of 2017 designing and building an MVP, filing for patents for their IP, and writing the first CoinRoutes whitepaper describing their distributed architecture for algorithmic routing and consolidation of data.
In 2018, they entered the StartOut accelerator, where they worked to commercialize the software and develop the business model. Later that year, Michael Holstein joined the team as a partner in charge of client acquisition. Subsequently, CoinRoutes started their relationship with Bitcoin Suisse, who selected CoinRoutes due to their unique distributed architecture and relationship between the founders. In 2019, Bitcoin Suisse went live using CoinRoutes and decided to invest in the company, with Niklas, their founder, joining the company’s board of directors.
After the investment, the firm started to grow. At first, most of the new employees worked remotely, with a small office in a NY coworking space. In 2021 the company moved to Miami to establish an office where the team could collaborate in person. Today, CoinRoutes is over 30 people strong, with the majority of employees working out of the Miami office. The firm’s software has helped clients trade over $100 billion of crypto assets since 2020 with support for over 3600 unique products between spot and derivatives.
