Coinbase Bets On ‘Enterprise-Grade’ Liquid Staking Business

 
Major US-based crypto exchange Coinbase is backing the development of the “first-ever” enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi).
According to an announcement from Coinbase on Tuesday, the new liquid staking protocol is being developed by Alluvial, a development firm made up of people with experience from various DeFi-related projects….
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