Coinbase Launches Borrowing Up to $1M Against Staked Ether

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Coinbase is now letting users borrow up to $1 million against their cbETH without selling. The move unlocks liquidity for U.S. investors but liquidation risks remain. CoinDesk's Jennifer Sanasie explains on "CoinDesk Daily." - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters