Coinbase Bets On 'Enterprise-Grade' Liquid Staking Business
Coinbase is backing the development of the "first-ever" enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of DeFi.
DeFi, or decentralized finance, is one of the biggest things in the blockchain and cryptocurrency industry right now, and it does pretty much what its name suggests. That is, it uses blockchains, smart contracts and/or cryptoassets to deliver financial services to customers, be these loans, payments, remittances, derivatives, or investments.
A quick 3min read about today's crypto news!