KEY TAKEAWAYS
- Crypto Finance AG integrates with Lido to offer Ethereum liquid staking for institutional clients.
- This partnership allows institutions to securely stake ETH and access Lido’s stETH token.
- The integration supports Lido’s expansion into institutional markets, enhancing investment strategies.
- Lido Institutional promotes the use of Lido’s middleware for blockchain validation and staking rewards.
Crypto Finance AG has announced its integration with Lido, enabling Ethereum (ETH) liquid staking for its wallet infrastructure clients. This development allows Crypto Finance’s clients to utilize Lido’s liquid staking token, stETH, enhancing their investment strategies.
The integration marks a significant step in Lido’s expansion into institutional markets. By partnering with Crypto Finance AG, institutions now have a regulated entity to securely stake ETH and access stETH. This collaboration facilitates the seamless incorporation of stETH into institutional investment portfolios.
Kasper Luyckx, Head of Wallet Infrastructure & Staking Services at Crypto Finance AG, emphasized the importance of this integration. He stated, “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.”
Lido Institutional, a group of contributors advocating for the use of Lido’s open-source liquid staking middleware, supports this initiative. Lido’s middleware enables users to participate in blockchain network validation and earn staking rewards without maintaining hardware individually.
For more information on this integration, visit the official announcement here.
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