Canadian Asset Manager 3iQ Partners with Coinbase to Launch Ether Staking Program for Retail and Institutional Investors
Canadian digital asset investment fund manager, 3iQ Corp, has announced a strategic collaboration with Coinbase Global Inc (NASDAQ: COIN) to offer Ether staking through its products. The partnership aims to provide secure and regulated opportunities for retail and institutional investors to earn a yield on their investments.
Canadian digital asset investment fund manager to introduce the Ether staking program
3iQ, with over $881 million in assets under management (AUM), plans to introduce the Ether staking program on August 28, 2023. The initiative will be implemented in its products, including The Ether Fund (TSX: QETH.UN, QETH.U) and The 3iQ Ether ETF (TSX: ETHQ, ETHQ.U). This move marks the first Ether staking for exchange-traded products (ETPs) and exchange-traded funds (ETFs) in the...