Coinbase has achieved a significant milestone, becoming the only full-service prime broker in the cryptocurrency industry. According to John D'Agostino, head of strategy at Coinbase Institutional, the company has successfully combined trading, custody, financing, derivatives, and cross-margining into a single stack, a feat that its rivals have yet to accomplish. This integrated platform allows institutional investors to access a wide range of services under one roof, setting Coinbase apart from its competitors. With over $350 billion in assets under custody and a significant share of U.S.
bitcoin and ether ETF assets, Coinbase has established itself as a key player in the crypto market, providing a bridge between traditional finance and cryptocurrency markets.