Everything Advisors Need to Know About Coinbase Launching a Liquid Staking Product

Coinbase launched a liquid staking product, cbETH, on August 24. Similar to Lido’s liquid staked ether, stETH, cbETH creates a tokenized deposit that offers redemption rights to the ether staked on its platform. Liquid staking will offer more liquidity to assets staked in Ethereum’s Proof-of-Stake network by allowing users to transfer, trade, or use the [...] The post Everything Advisors Need to Know About Coinbase Launching a Liquid Staking Product appeared first on ETF Trends .