other material
confidence high
sentiment positive
materiality 0.70
Grayscale Ethereum Trust signs new Coinbase custody deal ahead of NYSE Arca ETF uplisting
Grayscale Ethereum Staking ETF
- New custodian agreement with Coinbase Custody and Coinbase Prime Broker; becomes effective on uplisting to NYSE Arca.
- Co-transfer agency agreement with Continental Stock Transfer & Trust for book-entry shares; effective on uplisting.
- Previous custodian agreement with Coinbase Custody (June 2022) will terminate on the uplisting date.
- Custodian liability capped at $100M per cold storage address; private keys held offline in geographically distributed vaults.