Institutional staking won’t take off without asset lock-up
While liquid staking is still being developed, Coinbase’s new institutional staking offering won’t be a “near-term phenomenon”. Institutional staking of cryptocurrency assets, such as post-Merge Ethereum, may become a “phenomenon” in the future, but not as long as their assets need to be “locked up.” Chief Financial Officer (CFO) Alesia Haas said during a Q2 […]