Ceffu Enables stETH Custody & Staking
Lido Institutional contributors are thrilled to share that Ceffu, a trusted institutional custodian has integrated Lido’s prominent liquid staking middleware for Ethereum. Through this integration, Ceffu will provide custody and staking support for staked Ether (stETH) within its Qualified Wallet, an industry-leading cold storage solution.
Lido middleware seeks to address common challenges associated with native ETH staking, such as illiquidity, accessibility barriers, and operational complexities. By integrating Lido middleware, Ceffu's institutional clients can stake their ETH and receive stETH, unlocking the ability to receive staking rewards while maintaining liquidity and access to their assets.
In response to growing demand from institutional investors, this integration allows Ceffu's clients to leverage Lido's liquid staking solution, enabling them to stake their Ether while still using stETH for on-chain activities, such as trading, lending, and liquidity provision. Ceffu continues to serve as a trusted platform for institutional clients, enhancing the bridge between decentralized finance (DeFi) and traditional finance (TradFi).
About Lido Institutional
Lido Institutional represents a dedicated group of contributors focused on advocating for the use of Lido’s open-source, liquid staking middleware by non-retail users. Lido's middleware provides a way to participate in the blockchain network validation process and get staking rewards for this activity. With a mission to democratize staking, Lido middleware lets users connect with node operators and stake their digital assets without the need to individually maintain hardware. For further information, please visit lido.fi/institutional.
About Ceffu
Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions that are ISO 27001 & 27701 certified and SOC Type 1 & Type 2 attested. Its multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their digital assets. Institutions also benefit from Ceffu’s secure gateway to a wide range of liquidity products within the Binance ecosystem as Binance’s institutional custody partner through MirrorX, its off-exchange settlement solution.
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