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Investing.com -- CaliberCos Inc (NASDAQ:CWD) stock rose 4.2% in premarket trading Tuesday after the company announced it has selected Coinbase Prime as its institutional platform for trading and custody to support its Digital Asset Treasury strategy.
The real estate and digital asset management platform will gain access to liquidity and institutional-grade custody through Coinbase Prime, using infrastructure trusted by major financial institutions. Caliber is the first Nasdaq-listed company to publicly adopt a treasury reserve policy focused on Chainlink’s Token, LINK.
"As an infrastructure investor in private equity real estate, Caliber is extending that same philosophy into digital assets," said Chris Loeffler, Chief Executive Officer of Caliber. "We are proud to align with Coinbase as we scale our digital asset treasury, bringing together two forms of critical infrastructure — real estate and blockchain — for the benefit of our shareholders."
Caliber’s strategy involves disciplined accumulation of LINK over time, long-term holding, and yield generation. This approach provides shareholders with transparent exposure to LINK while strengthening the company’s position at the intersection of real asset investing and blockchain infrastructure.
Ryan Ballantyne, Head of Corporate Client Strategy at Coinbase, noted that Coinbase Prime delivers the secure, integrated infrastructure institutions need for digital asset treasury strategies.
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