Coinbase Prime grows its staking offering with ETH
Tl:dr: We’re launching Ethereum staking to US domestic institutional clients on Coinbase Prime. Using our industry-leading cold storage, clients can now generate yield by staking ETH.
By Aaron Schnarch, Vice President of Product, Custody
Fully-integrated staking on Coinbase Prime
Coinbase Prime provides institutions with an end-to-end staking experience. Clients can create a wallet, decide how much to stake, and initiate staking from the ETH asset page on their Coinbase Prime account.
Securing client funds is our highest priority. We hold withdrawal keys in our cold storage custody vault at all times, meaning staked ETH and accumulated yield are always safe. To further ensure the security of client accounts, staking transactions must first complete consensus before they are executed.
Coinbase Prime grows its staking offering with ETH was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Author: Coinbase
