Coinbase launches full-service crypto prime brokerage

Coinbase Institutional has established itself as the sole full-service prime broker in the cryptocurrency industry, integrating trading, custody, financing, derivatives, and cross-margining into a unified platform. This comprehensive offering, which also includes staking, mirrors traditional prime brokerage services found on Wall Street. The addition of cross-margining between spot and derivatives positions is a key development, potentially reducing capital requirements for institutional clients by 10-20%. With over $350 billion in assets under custody and a dominant position in U.S. Bitcoin and Ether ETF assets, Coinbase is solidifying its role as a crucial link between traditional finance and the digital asset market.