Coinbase Prime Adds Ethereum Staking for US Institutional Clients

Coinbase Prime has added Ethereum to its expanding list of staking options for U.S. domestic institutional clients, Coinbase said in a blog post Monday. The product offers yet another crypto on-ramp for institutions, which have eyed the industry's explosive growth with interest but haven't always known quite exactly how to get in. Generating yield through staking plays to big firms that frequently are in search of attractive places to park money.