CoinRoute

CoinRoutes was built from the ground up to handle the unique market structure of crypto-assets as a leading provider of algorithmic trading strategies and execution management systems.

Today, the company consolidates Market Data and offers Algorithmic Trading for over 1000 spot and derivative instruments from over 50 major exchanges and liquidity providers 24/7.

Their patent pending distributed architecture allows clients to keep control over their wallets and keys.

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 18 people strong, with 10 employees working out of the Miami office. The firm’s software has helped clients trade over $60 billion of crypto assets supporting over 1000 unique products between spot and derivatives.