Coinbase Establishes Itself as the Sole Full-Service Prime Broker in Crypto
- Coinbase holds over $350 billion in assets under custody, representing about 12% of the total crypto market cap.
- The platform processes approximately $236 billion in quarterly trading volume and supports more than 470 assets across over 20 blockchains.
- Coinbase serves as custodian for over 80% of U.S. bitcoin ETF and ether ETF assets.
- The recent rollout of cross-margining allows institutional traders to reduce capital requirements by up to 20%.
- Coinbase’s staking business spans between ten to twenty tokens at an institutional scale.
As the largest U.S.-based cryptocurrency exchange, Coinbase has become a pivotal link between traditional finance and crypto markets, offering comprehensive services including trading, custody, financing, and staking. This integrated approach addresses the fragmented nature of crypto services previously available to institutional investors.
With its unique position as a full-service prime broker, Coinbase is processing $236 billion in quarterly trading volume while holding significant assets under custody.(Source)
