Koine Acquires Hireabl to Improve On-Boarding

Koine, which offers custody and settlement of digital assets, has acquired hireabl, a fintech company for automated client on-boarding.

In a release issued today Koine says that it plans to make a number of strategic acquisitions of early stage tech-based, IP owners in order to fast-track the integrated end-to-end services that its clients are demanding.

Koine is scheduled to launch next month with its custody and real-time settlement services for digital assets for institutional clients.

Hugh Hughes, chairman and CEO of Koine says: “Koine has recently completed its second round financing and we are poised for launch and dramatic growth. With this acquisition of talent and technology, we are investing in the client on-boarding experience for excellence of our customer service and for rapid expansion in our client base.”

Jason Mochine, CEO at hireabl, and now head of sales at Koine, adds: “There is massive client interest in the provision of institutional custody and settlement of digital assets. Clients and prospects are impressed at gaining the ability to increase their capital efficiency and reduce settlement risk through real-time interoperability with multiple global trading venues on the single Koine custody system. The addition of an automated KYC/AML/CTF platform as part of the Koine architecture ensures highly efficient and scalable client on-boarding.”

The co-founders of hireabl – David Grocott, formerly COO, and Matt Dangerfield, formerly CTO – have been handed similar positions to Mochine at Koine following this acquisition.

Lizzy Birmingham

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