Odaily reports that Coinbase has expanded its partnership with institutional staking provider Figment, allowing Coinbase Prime customers to now directly stake various PoS assets, including Solana, Avalanche, Sui, and Aptos, through Coinbase Custody, previously limited to Ethereum. Since the partnership began in 2023, it has facilitated over $2 billion in asset staking.

Coinbase Prime provides trading, financing, and custody services to institutional investors, covering more than 440 digital assets. Figment manages $18 billion in staked assets across more than 40 protocols. This move comes at a time when several staking ETFs have been launched in the US, such as the Bitwise Solana Staking ETF (BSOL), and institutional staking activity is expected to expand further after the SEC confirmed that some liquid staking does not constitute securities trading.