Pico Partners with Coinbase Derivatives to Boost Financial Technology Connectivity

In an event that highlights the ongoing evolution of financial technology, Pico, a prominent global provider of mission-critical technology services, has announced a significant strategic alliance with Coinbase Derivatives, a derivatives exchange regulated by the CFTC. This partnership, disclosed on April 16, 2025, is specifically designed to enhance the connectivity infrastructure of Coinbase Derivatives, ultimately benefiting all its market participants.

Pico’s expertise is deeply rooted in providing services for the financial services sector—offering software, data, and analytic solutions that are essential for a thriving financial community. The collaboration between the two entities aims to address the growing need for cutting-edge technology and high-performance connectivity within the rapidly advancing digital assets space.

Infrastructure Migration

One of the pivotal steps taken during this partnership was Pico's handling of a comprehensive infrastructure migration. This complex task involved relocating existing systems without disrupting ongoing operations. Pico meticulously orchestrated the logistical challenges of migrating significant physical equipment, deploying their expert Intellihands Services team to manage the relocation process. Their goal was to ensure negligible interruptions in service, thereby facilitating a seamless transition into the new operational environment.

Optimizing Connectivity

Furthermore, Pico implemented intra-colocation connectivity enhancements, optimizing communications among critical components of Coinbase Derivatives' infrastructure. By refining these connections, Pico not only improved performance but also paved the way for future expansions. New and existing clients can expect enhanced collaboration capabilities and additional connectivity options moving forward.

Industry Insights

Jarrod Yuster, Pico's Chairman, Founder, and CEO remarked, "We recognize the growing demand for advanced technology infrastructure, high-performance connectivity, data and analytics in the digital assets industry. This collaboration with Coinbase Derivatives showcases our leadership within the financial technology space across various asset classes."

Pico’s ability to adapt and innovate is emphasized by their commitment to providing tailored solutions that meet the specific demands of digital asset markets. The company has equipped leading banks, exchanges, asset managers, and trading firms with the necessary infrastructure to excel in a competitive market.

On the other hand, Greg Tusar, VP of Institutional Product at Coinbase, expressed satisfaction with Pico's approach, stating that the firm demonstrated remarkable efficiency in deploying their infrastructure. He highlighted the value of a dedicated customer service team that ensured smooth oversight and execution of the migration process.

Looking Ahead

Today’s financial services landscape demands robust technological foundations that can sustain rapid changes and increased complexities. As digital assets gain more traction globally, partnerships like the one between Pico and Coinbase Derivatives will be crucial in enhancing market efficiency.

With a proven history of support within global financial markets, Pico remains committed to leading innovations in technology, offering the vital connectivity, monitoring, and analytics capabilities necessary for both digital and traditional asset exchanges to function optimally. Their visionary initiatives aim to set new benchmarks in service delivery methods.

To learn more about Pico and their extensive offerings in technology services for the financial markets community, visit their official site at Pico.