Coinbase Prime, in collaboration with Figment, has announced a significant expansion of its institutional staking services, now extending beyond Ethereum to include prominent proof-of-stake networks such as Solana and Avalanche. This enhanced integration enables institutional clients to stake these digital assets directly from secure custody solutions, streamlining participation in network validation and reward generation.
The partnership leverages Figment’s specialized infrastructure for proof-of-stake protocols, combined with Coinbase Prime’s institutional-grade custody and trading platform. This development addresses growing demand from financial institutions seeking diversified staking opportunities while maintaining robust security and compliance standards. Clients can now access streamlined staking processes for multiple blockchain networks through a single, integrated interface.
This expansion reflects the evolving landscape of institutional cryptocurrency services, where secure asset management and yield generation capabilities are increasingly prioritized. By broadening supported networks beyond Ethereum, Coinbase and Figment are positioning institutional investors to capitalize on emerging opportunities across the decentralized finance ecosystem while maintaining the security benefits of regulated custody solutions.
