Coinbase's John D’Agostino says crypto platform stands alone as industry's full-service prime broker

CoinDesk4h agoUpdated 3h ago
Coinbase's John D’Agostino says crypto platform stands alone as industry's full-service prime broker
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Coinbase claims it's now crypto's only full-service prime broker, offering trading, custody, financing, derivatives, cross-margining, and staking under one roof. The cross-margining feature, launched in March, reduces capital requirements by 10-20%. With $350 billion in custody and dominance in ETF assets, Coinbase mirrors Wall Street's traditional prime brokerage model, positioning itself ahead of fragmented competitors.

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