Coinbase and Figment widen staking access for institutions, adding Solana, Avalanche and more PoS networks beyond Ethereum.
Institutional staking provider Figment has expanded its integration with Coinbase, allowing the exchange’s institutional clients to stake a broader range of proof-of-stake assets directly from Coinbase Custody — a move that could drive adoption beyond Ethereum.
Through the integration, Coinbase Prime customers can now use Figment’s staking infrastructure to access additional PoS networks, including Solana in the US this month, including the Bitwise Solana Staking ETF , which offers exposure to Solana staking. Grayscale has also announced plans to introduce staking for its Ethereum and Solana products. Earlier this month, the asset managerBefore that ruling, asset managers including VanEck, Bitwise and Jito Labs had urged the securities regulator to clarify its stance and approve liquid staking mechanisms for Solana-based ETFs. SEC Chair Paul Atkins said the decree marked a “significant step forward in clarifying the staff’s view about crypto asset activities that do not fall within the SEC’s jurisdiction.”Milei’s party wins midterms, but crypto won’t celebrate
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