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Alex Dovbnya
Coinbase’s prime brokerage platform now supports Polygon (MATIC) stalking
Thu, 15/12/2022 - 20:12
Coinbase Prime, the prime brokerage platform of the largest U.S. cryptocurrency exchange, has announced that it now allows staking Polygon (MATIC).
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According to data provided by CoinGecko, MATIC remains the tenth biggest cryptocurrency with a market capitalization of $7.9 billion.
On Wednesday, Coinbase Prime obtained two System and Organization Control (SOC) certifications, which marked “another milestone” for the company. In order to receive these attestation reports, companies have to adhere to rigorous security and oversight standards.
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As reported by U.Today, Coinbase Prime also added support for Ethereum (ETH) staking. On Wednesday, it launched NEAR Protocol (NEAR) staking.
The platform also supports such digital assets as Solana and Polkadot.
Coinbase launched the service after acquiring leading institutional crypto brokerage Tagomi back in March 2020.
About the author
Alex Dovbnya
Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at [email protected].
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