Crypto.com Expands Access to stETH with Institutional Custody
Crypto.com Custody has added support for staked ETH (stETH), Ethereum’s largest liquid staking token issued via Lido protocol.
With this integration, institutions can now hold stETH within Crypto.com’s institutional custody framework, combining best-in-class infrastructure and security. The addition of stETH extends Crypto.com Custody’s coverage to one of the most widely used assets in the Ethereum ecosystem. It allows stakers to securely store stETH alongside other digital assets within the same trusted environment, improving operational efficiency and simplifying portfolio oversight for institutional stakers.
Access & Adoption
stETH has grown into the leading token in liquid staking, representing nearly a quarter of all staked ETH. For institutions, Lido's stETH provides exposure to staking rewards without sacrificing liquidity.
By bringing stETH into its custody platform, Crypto.com is providing treasuries, funds, and trading desks with a way to securely hold and manage their stETH holdings, protect them with institutional-grade security, and incorporate the token into broader portfolio strategies.
Custody Built for Institutions
Crypto.com Custody provides institutions with infrastructure designed for scale, operational integrity, and security:
- MPC security that removes single points of failure.
- Segregated, bankruptcy-remote wallets for client assets.
- Regulated entities in key jurisdictions to serve institutions.
- Comprehensive institutional controls supporting transparency, compliance, and auditability.
“We are aggressively focused on continuing to build our Crypto.com Custody offering to ensure it meets the needs of all institutions and foundations,” said Kwon Park, Global Head of Digital Asset Partnerships & MD at Crypto.com.
“We are pleased to support stETH for custody to further enhance our platform offering and become the leading digital asset custody provider in the world.”
Institutional Integration & Maturity
stETH’s inclusion within Crypto.com Custody reflects the growing maturity of institutional liquid staking. Custodians are increasingly incorporating stETH into their trusted infrastructure, enabling institutions to access Ethereum staking rewards through the Lido protocol while benefiting from the liquidity and broad integrations that make stETH widely used across the ecosystem.
Kean Gilbert, Head of Institutional Relations at the Lido Ecosystem Foundation, adds: “Crypto.com’s integration reflects the maturity of the institutional market for liquid staking. By supporting stETH issued through the Lido protocol, institutions can access staking rewards alongside the market-leading liquidity and broad integrations that make stETH a compelling portfolio holding.”
Strengthening the Institutional Standard
For institutions, this integration brings together three key elements: security, accessibility, and global reach. With Crypto.com Custody, stETH is safeguarded by advanced infrastructure and supported through regulated entities across major financial hubs.
The integration reinforces stETH’s role as a liquid, widely supported asset within institutional portfolios, reflecting the continued growth of Ethereum’s staking ecosystem.
About Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.
Learn more at crypto.com.
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, visit lido.fi/institutional.