🤑 Stake Your Claim: Coinbase & Figment’s Grand PoS Extravaganza! 🌟

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Ah, the divine union of Coinbase and Figment! How they dance upon the blockchain, expanding their staking waltz beyond the mundane confines of Ethereum. Behold, Solana, Avalanche, Aptos, and Sui now join the ball! 🕺💃

 

In this age of digital decadence, Coinbase and the ever-so-charming Figment have deepened their partnership, a ménage à blockchain if you will. Their latest endeavor? To allow Coinbase Prime’s esteemed clientele to stake their treasures across multiple proof-of-stake (PoS) assets, no longer shackled by Ethereum’s solitary reign. How très chic! 🥂

This expansion, my dear reader, is not merely a technical feat but a societal triumph. Institutional access to staking, directly from Coinbase Custody, shall now flourish like a peacock in full display. Expect engagement to bloom across these networks, as if they were the most coveted salons of Paris. 🌺

Coinbase Prime Clients: The New Aristocracy of PoS

The integration, a masterpiece of modern convenience, permits these institutional darlings to stake Solana (SOL), Avalanche (AVAX), Aptos (APT), and Sui (SUI) with the ease of a gentleman tipping his hat. Figment’s infrastructure, seamlessly woven into the fabric of Coinbase Custody, ensures staking as secure as a vault in Fort Knox. Or, dare I say, as secure as Lady Bracknell’s social standing. 💼✨

Coinbase Prime, that bastion of crypto prime brokerage, now offers trading, financing, and custody for over 440 digital assets. With this expanded staking access, institutions may manage their portfolios with the finesse of a maestro, all while earning yield through network consensus mechanisms. Truly, the best of both worlds! 🎩

Over $2 Billion Staked: A Fortune Fit for a Wildean Hero

Since their partnership blossomed in 2023, over $2 billion in assets have been staked through Coinbase Prime, courtesy of Figment’s infrastructure. Figment, that stalwart of staking, now manages $18 billion across more than 40 protocols, making it the belle of the blockchain ball. 🤑

Figment is deepening our relationship with panache.

From $2B+ in staked assets to the first U.S. ETH ETP with staking (with flair), we’re now expanding to 10+ Proof-of-Stake networks, including Solana. Because why stop at one when you can have a dozen? 🌟

Learn more: [Link]

– Figment (@Figment_io) 🦄

This new phase of integration cements Figment’s role as the darling of institutional investors, offering exposure to a myriad of PoS networks. Coinbase Custody, meanwhile, positions itself as the fortress of secure and compliant staking at scale. A match made in crypto heaven, if ever there was one. 🏰

Regulatory Clarity: The SEC’s Unexpected Gift

This announcement arrives on the heels of the U.S. SEC’s clarion call that some liquid staking activities are not securities transactions. Ah, the sweet sound of regulatory certainty! SEC Chair Paul Atkins, with the gravitas of a Shakespearean actor, declared that the ruling “clarifies the staff’s view about crypto asset activities that do not fall within SEC jurisdiction.” How delightful! 🎁

Asset managers, those titans of finance, have embraced this decision with open arms. VanEck, Bitwise, and Grayscale, among others, have hastened the rollout of staking-enabled ETFs for Ethereum and Solana. The crypto investment landscape, it seems, is having its moment in the sun. ☀️

Staking ETFs: The New Black in Institutional Demand

This integration follows hot on the heels of the Bitwise Solana Staking ETF (BSOL) and Grayscale’s announcement to enable staking for its ETH and SOL funds. Grayscale, ever the trendsetter, recently staked $150 million worth of ETH, a move as bold as a Wildean protagonist. 🌟

With expanded access to staking through Coinbase and Figment, the demand for on-chain yield is set to soar. Platforms offering direct and secure access to a range of assets are becoming the toast of the crypto town. After all, who doesn’t love a good yield? 🍞💰

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2025-10-29 01:33