Coinbase has achieved a milestone by becoming the only full-service prime brokerage in the crypto industry, offering a comprehensive suite of services including trading, custody, financing, derivatives, and cross-margining. According to John D'Agostino, head of strategy at Coinbase Institutional, the company has successfully assembled these services into a single stack, a feat that its rivals have yet to accomplish. This development has significant implications for the crypto market, as it provides institutional investors with a one-stop solution for their investment needs. With over $350 billion in assets under custody and a growing regulatory framework, Coinbase is well-positioned to bridge the gap between traditional finance and crypto markets.