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Home Crypto

Anchorage Digital Integrates Lido to Expand Institutional Access to Ethereum (ETH) Liquid Staking

by MarketNewsBoard
4 hours ago
in Crypto, Ethereum
Share on FacebookShare on Twitter

Anchorage Digital, the operator of the United States’ federally chartered crypto bank, has added support for Lido, Ethereum’s largest liquid staking protocol. The move gives institutional clients direct, compliant access to wrapped staked Ether (wstETH) entirely within Anchorage Digital’s regulated platform, eliminating the need to move assets to external services. Institutions can now connect straight to Lido’s decentralized application from Anchorage Digital to mint wstETH by depositing Ether or redeem it back into ETH. wstETH

Source: Original Article

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