Coinbase says the 'second wave' of institutional money for crypto is here and it is all about yield

Coinbase’s head of institutional, Brett Tejpaul, says institutional priorities in crypto are evolving, and investors are increasingly hunting for yield. What to know : Institutional investors are shifting from pure price speculation in crypto toward strategies that generate steady income from assets they already hold. New products such as Coinbase’s tokenized Bitcoin Yield Fund and BlackRock’s staked-ether ETF reflect growing demand for yield-bearing, onchain vehicles that resemble traditional cash and bond strategies. As interest in stablecoins, tokenization and 24/7, near-instant settlement grows, large financial firms are exploring how blockchain infrastructure can cut costs, speed cross-border payments, and improve capital efficiency.(Coindesk)