CoinRoutes Bolsters Institutional Crypto Trading Platform with $5M Acquisition of QIS Risk

CoinRoutes Acquires QIS Risk for $5M to Bolster Institutional Crypto Trading Tools In a move aimed at strengthening its institutional cryptocurrency trading platform, CoinRoutes has acquired QIS Risk, a portfolio and risk management provider for digital asset managers, for $5 million in cash and stock. The deal brings together CoinRoutes' algorithmic execution technology with QIS Risk's suite of portfolio monitoring and risk analytics. Fred Cox, founder of QIS Risk, will assume the role of global Chief Technology Officer (CTO) at CoinRoutes, overseeing technology operations and European expansion. "This acquisition is a significant step forward for us," said Cox in an interview. "By combining our expertise, we can provide institutional investors with more comprehensive tools to manage their crypto portfolios." The deal was announced on September 30, 2025, marking the latest development in the rapidly evolving cryptocurrency market. CoinRoutes' platform has gained traction among institutional investors seeking to navigate the complexities of digital asset trading. Background and context: CoinRoutes, founded in 2018, offers a suite of execution tools designed for institutional traders. The company's technology enables clients to execute trades more efficiently and at lower costs. QIS Risk, established in 2020, provides portfolio monitoring and risk analytics solutions specifically tailored for digital asset managers. The acquisition is expected to enhance CoinRoutes' offerings, enabling the platform to provide more comprehensive support for institutional investors. "This deal will allow us to offer our clients a more robust suite of tools," said an anonymous source close to the company. "We're excited about the possibilities this brings." Additional perspectives: Industry experts view the acquisition as a strategic move by CoinRoutes to solidify its position in the institutional crypto trading market. "CoinRoutes is positioning itself for long-term success with this deal," said Michael Chen, a cryptocurrency analyst at Bloomberg Intelligence. "By integrating QIS Risk's expertise, they're creating a more comprehensive platform that can cater to the needs of institutional investors." Current status and next developments: The acquisition is expected to be completed in the coming weeks, pending regulatory approvals. CoinRoutes has stated its intention to continue expanding its European presence under Cox's leadership. As the cryptocurrency market continues to mature, institutions are increasingly seeking out robust trading platforms that can manage their digital asset portfolios effectively. With this acquisition, CoinRoutes is poised to take a significant step forward in meeting these demands. CoinRoutes' CEO was unavailable for comment at the time of publication. *Reporting by Coindesk.*