Coinbase Prime Launches Ethereum Staking to U.S. Domestic Institutional Clients

Coinbase announced that it is launching Ethereum Staking to U.S. domestic institutional clients on Coinbase Prime. Coinbase Prime provides institutions with an end-to-end staking experience. Clients can create a wallet, decide how much to stake, and initiate staking from the ETH asset page on their Coinbase Prime account. Once a client stakes their ETH, the system uses the ticker ETH2 to represent those staked ETH tokens. In addition, Coinbase Prime supports staking for Solana, Polkadot, Cosmos, Tezos, Celo and other tokens.