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Nasib Fathi
@nasib_fathi
Founder @ NFK Media | Growth in Institutional Crypto | Getting PhD in Blockchain | Views mine, educational content, not financial advice, DYOR
Joined September 2021
566 Following    271 Followers
During our roundtable, @anna_petrenkoo (CBDO, @everstake_pool) said the Ethereum community is trying to fix staking concentration before it becomes a real problem. She mentioned that bigger staking operators, Everstake included, run validators across hundreds of locations and servers, and that their job is to keep that infrastructure as secure and diversified as possible and not concentrate it. @Oliver_Yates (Co-Founder & CEO, @Aplo_crypto) highlighted that Coinbase Custody is the custodian for most crypto ETFs, but institutional crypto is not limited to crypto ETFs. He said most banks that do not yet have a digital asset offering are focusing in 2026 on corporate banking work, such as helping customers get financing through tokenization or put some of their actual assets on-chain, and every single one he has seen so far runs the custody stack this needs in-house with one or more third-party technology providers. So, he does not see digital asset custody staying super concentrated if everything beyond pure cryptocurrencies such as Bitcoin, ETH and Solana is counted. Antonio Sundas (Senior Sales Manager, @CryptoFinanceAG) added that on both staking and custody, it is the responsibility of ETF providers, banks or institutions to diversify. He said Coinbase was probably the best of the few options back when the Bitcoin ETFs were allocating custody. Furthermore, he mentioned that things are now changing in the US at the Federal Reserve and around the Clarity Act, so more and more options to diversify custody are going to be available in case an even better one appears.
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