Coinbase’s Q4 accomplishments hints staking feature; possible listing of Tezos [XTZ]
Brian Armstrong, the CEO of Coinbase wrote a blog about Q4 accomplishments of 2018 and briefly mentioned the tasks they will be focussing on in the future. This blog mentions clearly that Coinbase is looking at a feature of staking to be made available in the near future and more proofs to substantiate it.
Coinbase recently partnered with TokenSoft Global Markets, a broker-dealer registered with the US Securities and Exchange Commission [SEC]. In addition to the above, Coinbase Custody has also partnered with Electronic Transaction Clearing [ETC], which is also an SEC-registered broker-dealer and FINRA member.
Moreover, Coinbase reflected upon its custody service in the blog, it stated:
“We established Coinbase Custody as a limited purpose trust company under New York State Banking Law to operate as an independent Qualified Custodian, allowing us to compliantly store more assets and potentially add new features like staking.”
Further into the blog, Armstrong mentions Coinbase’s successful partnerships/investments which conveniently includes “Staked.us”.
Staked.us is already running test nets of Ethereum [ETH]’s Casper, EOS and Cosmos. The website also stated that it has plans to add Tezos, Dfinity, NuCypher, Livepeer, Keep, Factom and Ark nodes in the coming months.
The cryptocurrency community already started this speculation on Reddit taking into consideration the above-mentioned facts. Redditors in the post speculate that Tezos could very well be the next cryptocurrency that will be added to Coinbase’s list.
Mikeroyale, a Redditor commented:
“Looks like Tezos is imminent Coinbase, have noticed their server answering to XTZ requests… “
Furthermore, Staked.us has already indicated that Tezos is live and users can delegate XZT for staking. The website also shows an annual staking yield of 9.7% for Tezos.
Another Redditor, aeaf123 commented:
“Sooner or later it seems plausible. Unless you are in the know this is all just a hypothetical anyway. Everyone would be pretty stoked about it im sure. Tezos does keep a low profile. What I think is good about that is its speaks more on its legitimacy opposed to other things that are more hype and less actual substance.”
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