Anchorage Digital Unlocks Liquid Staking for Institutional Ether Holders

Anchorage Digital has introduced institutional liquid staking, allowing clients like wealth managers and blockchain protocols to stake ether (ETH) and receive liquid staking tokens (LsETH) representing staked ETH plus rewards.

As the first OCC-chartered U.S. bank to offer this, Anchorage Digital combines staking, restaking on Eigenlayer, and secure custody in a single platform. CEO Nathan McCauley highlighted LsETH as a flexible solution for institutions seeking staking rewards with liquidity, marking a significant step in bridging traditional finance with decentralized ecosystems.

Clever Robot News Desk 7^th December 2024