Lido Finance, the leading provider of Ethereum liquidity staking services, has launched Lido Institutional, an advanced liquidity staking solution designed for large customers such as custodians, asset managers and exchanges.
This development marks an important step forward in making cryptocurrency staking accessible to a more professional and broader investor base.
Lido Institutional: A Game-Changer for Ethereum Staking
Lido institutions combine enterprise-level staking with the liquidity necessary for a variety of institutional strategies. It offers institutional investors strong security, ample liquidity, and attractive staking rewards. The service provides broad counterparty exposure through a diversified network of 109 node operators, increasing investors’ return potential.
Lido already serves many retail stakers, but is now establishing itself as the go-to choice for institutions interested in staking Ethereum.
The Rise of Institutional Interest in Cryptocurrencies
Experts say the move could give Lido an advantage as institutional interest in cryptocurrencies continues to grow. Marco Manofo of Primitive Ventures pointed out that this strategy is consistent with future regulatory changes, such as the possible approval of asset-backed U.S. Ethereum ETFs.
Currently, U.S. ETFs are not allowed to pledge their assets, but industry experts believe the Securities and Exchange Commission (SEC) may eventually reconsider this rule. That would mark a significant shift from regulators’ previous stance that the pledge violated federal securities laws.
Lido’s Ongoing Success in the Industry
At the same time, the launch of this new product highlights Lido’s continued success in the industry. The protocol is the largest in the field of decentralized finance, accounting for approximately 28.81% of the Ethereum staking market. According to DeFiRama data, investors have pledged approximately 9.9 million ETH on Lido, worth approximately $29.4 billion. Lido’s liquidity staking token stETH remains the most used collateral in decentralized finance.
According to Token Terminal data, Lido also achieved its best ever performance in the second quarter of this year, with peak quarterly revenue of approximately $27.5 million.
