Crypto Finance Enables stETH Custody & Staking
Lido Institutional contributors are excited to announce that Crypto Finance AG has integrated with Lido, enabling ETH liquid staking for its wallet infrastructure clients. Through this integration, Crypto Finance’s clients can leverage Lido’s liquid staking token (stETH). This development underscores Lido’s rapid growth in expanding access to institutional users.
Institutions now have a regulated partner to securely stake and access stETH, enabling seamless integration of stETH into their investment strategies:
- Safeguard stETH holdings: Benefit from a compliant custody environment tailored for institutional needs.
- Unlock liquidity: Make use of stETH’s secondary liquidity to maintain staking rewards while preserving staked amount flexibility. No minimum staking amount required.
- Engage in DeFi: Explore a wide range of DeFi use cases using stETH.
"As part of the Deutsche Börse Group, we are dedicated to setting industry standards for security and innovation in digital asset services. The integration of the Lido Protocol into our wallet solution is a significant step in meeting the needs of our institutional clients." Stated Kasper Luyckx, Head of Wallet Infrastructure & Staking Services at Crypto Finance AG.
“This integration with Crypto Finance creates new pathways for institutions to access Ethereum staking. By using the Lido protocol middleware, clients can take advantage of stETH’s liquidity and flexibility, helping to bridge the gap between decentralized technology and traditional finance,” added Kean Gilbert, Institutional Relations Contributor to Lido DAO.
About Crypto Finance
Crypto Finance Group, part of Deutsche Börse Group, provides professional digital asset solutions to institutional clients. The Group comprises of Crypto Finance AG, regulated by FINMA in Switzerland, which offers trading, custody, and wallet services, as well as Crypto Finance (Deutschland) GmbH, regulated by BaFin in Germany, which offers trading and custody. Crypto Finance AG is a SIX approved crypto custodian for ETP issuers. For further information please visit crypto-finance.com.
About Lido Institutional
Lido Institutional represents a dedicated group of contributors focused on advocating for the use of Lido protocol’s open-source, liquid staking middleware by non-retail users. Lido 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
Disclaimer: All information provided herein is purely for informational purposes and does not constitute an offer, recommendation or solicitation to participate in any activity involving crypto assets. References within this website to any specific commercial product, process, or service, or the use of any trade, firm or corporation name is for the information and convenience of the public, and does not constitute endorsement, recommendation, or favoring in any form or shape. Any decision to participate should be based solely on your own due diligence and should be made only after consulting with your own legal, financial, and tax advisors.