Anchorage Digital, a leading digital asset platform, has announced its support for Liquid Collective’s Liquid Staked ETH (LsETH). This move allows institutional clients, such as venture capital firms, wealth managers, and blockchain protocols, to participate in Ethereum staking through Anchorage Digital’s platform.
By staking their ETH, institutions can earn rewards while maintaining liquidity. LsETH tokens represent staked ETH along with accrued network rewards and can be transferred and traded, providing flexibility to institutions.
We’re excited to announce that Anchorage Digital Bank NA now supports Liquid Staked ETH (LsETH), making us the first U.S. federally chartered bank to support participation in liquid staking. This integration with @liquid_col provides institutions with a secure and flexible… pic.twitter.com/SA5xv1TWH5
— Anchorage Digital (@Anchorage) December 5, 2024
Anchorage Digital’s integration of LsETH marks a significant step forward for institutional participation in Ethereum staking. By offering a secure, regulated, and user-friendly platform, Anchorage Digital empowers institutions to capitalize on the benefits of staking while mitigating risks.
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