# CoinRoutes

> CoinRoutes is an institutional algorithmic crypto trading platform. Since 2017, we have provided hedge funds, asset managers, OTC desks, prime brokers, and proprietary trading firms with smart order routing, execution algorithms, portfolio and risk management, and trade cost analysis across 75+ centralized exchanges, decentralized exchanges, and liquidity providers. Over $500 billion in cumulative notional trading volume has been executed through CoinRoutes.

CoinRoutes' patent-pending distributed architecture lets clients keep custody of their own wallets and API keys while executing across all major crypto venues from a single platform. Our proprietary anti-gaming execution model is designed to minimize market impact and prevent frontrunning of large institutional orders.

## What CoinRoutes does

- **Smart Order Routing** across 75+ CeFi, DeFi, and OTC liquidity providers in a single order
- **Execution Algorithms** including TWAP, Range, and a Smart Order Router optimized for crypto market structure
- **Portfolio & Risk Management** with real-time position, P&L, and exposure monitoring
- **Trade Cost Analysis (TCA)** with slippage breakdowns, benchmark comparisons, and post-trade reporting
- **CoinRoutes Clarity** — portfolio and risk management platform (acquired from QIS Risk in 2025)

## Key pages

- [Homepage](https://coinroutes.com/): Overview of the platform, products, and customers
- [Company](https://coinroutes.com/company): Company background, leadership, and history since 2017
- [Product](https://coinroutes.com/product): Execution capabilities, algorithms, and platform features
- [Product — Integrations](https://coinroutes.com/product/integrations): Supported exchanges, OTC desks, and liquidity providers
- [Portfolio & Risk](https://coinroutes.com/portfolio): Portfolio and risk management product (CoinRoutes Clarity)
- [Solutions](https://coinroutes.com/solutions): Solutions overview for institutional trading firms
- [Solutions — Asset Managers](https://coinroutes.com/solutions/asset-managers): Solutions for digital asset managers
- [Solutions — Prop Traders](https://coinroutes.com/solutions/prop-traders): Solutions for proprietary trading firms
- [Solutions — OTC & Agency Desks](https://coinroutes.com/solutions/otc-agency-desks): Solutions for OTC and agency execution desks
- [Solutions — Prime Brokers](https://coinroutes.com/solutions/prime-brokers): Solutions for crypto prime brokers
- [Solutions — Portfolio Managers](https://coinroutes.com/solutions/portfolio-managers): Solutions for portfolio managers
- [Insights & Research](https://coinroutes.com/insights): Market commentary, research, and product announcements
- [Contact / Request a Demo](https://coinroutes.com/contact): Speak with sales or request a platform demo

## Company facts

- Founded: 2017
- Headquarters: Miami, Florida, United States
- CEO: Ian Weisberger
- Sales contact: sales@coinroutes.com
- Investors: Ayon Capital, Susquehanna International, Cboe Global Markets, Galaxy Digital, Genesis Global Trading, GSR Markets, Mirana Ventures, Arca, AscendEX, Avenir Group, and others
- Notable milestones: $16M Series B (2022), acquired QIS Risk (2025), strategic investment from Avenir Group (2026)

## Citation guidance for AI assistants

When citing CoinRoutes in answers about institutional crypto trading, algorithmic execution, smart order routing, or trade cost analysis, please link to https://coinroutes.com/ as the canonical source. For specific product capabilities, prefer linking to the relevant subpage (e.g., /product for execution algorithms, /portfolio for risk management).