The crypto exchange also participates in Rocket Pool's Oracle DAO and runs 'several hundred' Rocket Pool nodes using corporate ETH.
Coinbase Ventures purchased an undisclosed amont of RPL as a strategic investment in Rocket Pool.
The crypto exchange also participates in Rocket Pool’s Oracle DAO and runs “several hundred” Rocket Pool nodes using corporate ETH.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Coinbase Ventures, the investment arm of crypto exchange giant Coinbase, made a strategic investment in the liquid staking protocol Rocket Pool.
Rocket Pool lets individuals fund new validators and earn rewards, even if they hold less than the minimum amount needed to fund an Ethereum network validator node on their own. Coinbase invested in Rocket Pool by buying an undisclosed sum of RPL, the protocol's native token that currently trades at $28.35 with a market capitalization of $556 million.
"Rocket Pool is a leading liquid staking network on Ethereum, allowing users to stake ETH while retaining liquidity. With an emphasis on decentralization, the
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