Institutional staking won’t take off unless asset lock-up solved: Coinbase CFO
Cointelegraph
Published Aug 12, 2022 02:00AM ET
Updated Aug 12, 2022 03:40AM ET
Institutional staking of crypto assets, including the post-Merge Ethereum, could become a “phenomenon” in the future, but not while their assets still need to be “locked up.”
Speaking during a Q2 earnings call on Aug. 9, Chief Financial Officer (CFO) Alesia Haas noted that she didn’t expect their new exclusive institutional staking service, rolled out in Q2, to be a “near-term phenomenon” until a “truly liquid staking option” is available.
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Written By: Cointelegraph
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