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TheBlock 2019-12-03 17:21:53

Shifting tezos staking dynamics likely to favor bigger exchanges

Quick TakeWith one decision to give its retail customers access to its staking service, Coinbase became the second-largest validator on Tezos virtually overnightOur research estimates that 87% of the funds taking part in its staking are retail customers, with approximately 13% coming from Coinbase Custody and its institutional clientsWe expect the trend of large-scale exchanges dominating the staking scene to continue, and it’s likely smaller-scale staking services will find it difficult to compete

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