Too Long; Didn't Read
One of the biggest innovations in the crypto space is staking. While the yields in DeFi are impressive, staking offers a level of certainty that DeFi doesn't have. Despite the advantages, certain institutions are still against it. Liquid staking essentially brings the derivative market to crypto, allowing institutions more flexibility to use their assets without having them locked up. The argument of many institutions is that staking is merely a way to lock up enormous amounts of capital without commensurate returns. But that's not the only reason why executives like Coinabase fear institutional staking might not be a thing for a while yet.