Coinbase Establishes Itself as Crypto's First Full-Service Prime Brokerage
Coinbase has achieved a milestone that is instantly recognizable on Wall Street: it has become the only full-service prime broker in the cryptocurrency industry. According to John D'Agostino, the head of strategy at Coinbase Institutional, the definition of a prime broker is based on a specific set of criteria, including trading, custody, financing, derivatives, and cross-margining, with staking …