San Francisco-based crypto giant Coinbase is reportedly looking to add staking and governance solutions for its crypto custodial services
The report, which cites an internal memo, also states that these products will allow Coinbase Custody clients to interact seamlessly with the crypto-network while maintaining the security of cold storage.
This news comes just Coinbase recently participated in the $4.5 million seed round for Staked, a New York-based startup that helps institutional investors stake or lend their holdings in various proof-of-stake cryptocurrencies.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.