Tezos Baking Comes to Coinbase Custody, Price Jumps 22%

Cryptonews Coinbase Custody, a subsidiary of cryptocurrency exchange Coinbase aimed at institutional investors, has announced that they are launching support for smart contract platform Tezos (XTZ) and its staking mechanism, called baking. Clients will be able to make returns on XTZ, which, after deducting Coinbase’s fee, should come out to 6.6% annually, the company explained. Fo March 29, 2019 at 04:01PM By Crypto News