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Inside Coinbase’s Validator Operations: 120K Nodes and Counting

The exchange oversees 3.84 million in staked ether ( ETH) which accounts for 11.42% of all staked ETH.

Cryptocurrency exchange Coinbase (Nasdaq: COIN) released its inaugural Ethereum Validator Report last week, giving the public an inside glimpse into the firm’s staking operations for the first time.

Coinbase is the second largest staker of ether ( ETH), second only to liquid staking behemoth Lido. America’s largest exchange stated in its most recent shareholder letter published in February, that its goal in 2025 is to grow its subscription and services revenue, the latter of which includes staking. That revenue clocked in at $2.3 billion in 2024.

Inside Coinbase’s Validator Operations: 120K Nodes and Counting

The exchange oversees 3.84 million in staked ether ( ETH) which accounts for 11.42% of all staked ETH.

Cryptocurrency exchange Coinbase (Nasdaq: COIN) released its inaugural Ethereum Validator Report last week, giving the public an inside glimpse into the firm’s staking operations for the first time.

Coinbase is the second largest staker of ether ( ETH), second only to liquid staking behemoth Lido. America’s largest exchange stated in its most recent shareholder letter published in February, that its goal in 2025 is to grow its subscription and services revenue, the latter of which includes staking. That revenue clocked in at $2.3 billion in 2024.

https://news.bitcoin.com/inside-coinbases-validator-operations-120k-nodes-and-counting/