Coinbase, Figment Expand Institutional Staking to SOL, SUI, APT & AVAX
Coinbase Prime and Figment have broadened their institutional staking partnership to include Solana (SOL), Sui (SUI), Aptos (APT) and Avalanche (AVAX). This institutional staking integration builds on their 2023 Ethereum rollout, which saw over $2 billion in assets staked. Institutions can now access proof-of-stake yields of 4–10% with reduced operational complexity. Coinbase Prime supports more than 440 digital assets across dozens of blockchains. Recent U.S. launches of staking-focused ETFs and SEC guidance clarifying that liquid staking is not a security remove legal hurdles. As institutional staking gains clarity, traders can optimize portfolios with passive income strategies while strengthening network security.
Bullish
Expanding institutional staking to SOL, SUI, APT and AVAX lowers the barrier to entry for large investors and drives new demand for these tokens. In the short term, the announcement may trigger buy-side interest as traders anticipate higher locked supply and staking yields. Over the long term, sustained institutional staking can reduce circulating supply, strengthen network security and solidify price support, reinforcing a bullish outlook for the affected proof-of-stake assets.