Only a very small percentage of Coinbase’s revenue currently comes from its staking product, which means that the impact would be relatively low, said Needham’s John Todaro in a report on Friday. However, he added, staking has high potential for future growth and could potentially be a substantial revenue stream by the end of the year.
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- Source: https://www.coindesk.com/business/2023/02/10/coinbases-staking-service-faces-questions-after-krakens-sec-settlement/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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