News like this get any developmental team excited and gives them the extra spark to work harder. Being considered for Coinbase Custody solution and possibly some institutional money to follow gets any cryptocurrency enthusiast excited. If you look at the list of tokens and the given goals of the varying projects, it shows that Steem is held in high regards. While some may point out not guaranteed that Steem would make it to the final list, it does give Steemian the extra drive to put in the work to build and to look to the future with optimism that folks with deep pockets are taking notice.
Here is the full blog from Coinbase team: https://blog.coinbase.com/coinbase-custody-is-exploring-a-range-of-new-assets-e700496844be