Coinbase Expands Staking to SOL, AVAX & SUI
Coinbase now lets institutions stake SOL, AVAX, and SUI via Coinbase Custody, boosting onchain access for Wall Street.
- Coinbase and Figment expand staking beyond Ethereum
- Institutions can now stake SOL, AVAX, and SUI
- This could attract more traditional finance capital
Coinbase is expanding its institutional staking offerings beyond Ethereum. In partnership with Figment, the crypto exchange has rolled out direct staking for Solana (SOL), Avalanche (AVAX), and Sui (SUI) through Coinbase Custody. This development marks a strategic shift that could open the door for more traditional financial institutions to participate in onchain ecosystems.
Institutional clients who rely on Coinbase Custody now have the ability to earn staking rewards without needing to move assets off-platform. This reduces both operational complexity and risk for large investors like hedge funds, asset managers, and family offices—many of whom are eyeing crypto as an emerging asset class.
Bringing Wall Street Onchain
This move could be a game-changer for how traditional finance interacts with blockchain networks. By providing direct access to staking for non-Ethereum assets, Coinbase is widening the gateway to onchain yield opportunities. That’s especially important at a time when institutions are seeking higher returns in a post-zero interest rate environment.
More importantly, the addition of SOL, AVAX, and SUI offers diversification within the staking market. Each of these networks supports different ecosystems and applications, giving investors a broader exposure to the crypto space.
The increased accessibility also aligns with rising interest in regulated, compliant exposure to digital assets. With Coinbase Custody being a qualified custodian, institutional clients can participate in staking with confidence that they are meeting regulatory standards.
The Road Ahead for Institutional Crypto Adoption
Institutional staking has been one of the lesser-explored parts of crypto adoption, but that’s quickly changing. As staking becomes easier and safer for large investors, platforms like Coinbase are positioning themselves as the go-to solution for compliant and scalable crypto services.
Whether this development will directly pull Wall Street deeper into crypto is yet to be seen, but it’s a strong signal that the infrastructure is maturing. And with potential rewards from staking SOL, AVAX, and SUI on the table, institutions now have more reasons than ever to get involved.
