Lido Introduces New Staking Product for Institutional Investors
Lido, a leading protocol in decentralized finance (DeFi), introduced Lido Institutional, a new liquid staking product for institutional investors, on August 2.
Lido Institutional is specifically designed to address the needs of custodians, asset managers, stock exchanges and other institutional entities. This move by Lido aims to expand the quality and scope of services it offers to corporate customers.
Lido’s announcement on
This statement demonstrates Lido’s determination to maintain its leadership in the industry by offering a solution that appeals to institutional investors. While Lido is known as the platform behind Lido Staked Ether, Ethereum’s leading liquid staking token, it aims to expand its dominance in the industry with its new solution.
Lido Institutional offers institutional investors greater diversification and security, allowing them to earn staking rewards through a broad portfolio of over 100 node operators.
This approach allows institutional investors to have a safer and more efficient staking experience by spreading their risks. Institutional customers can optimize both liquidity and staking rewards with this solution provided by Lido.
Liquid staking and re-staking protocols such as Ether.fi and Renzo, which were launched with Ethereum’s transition from the proof-of-work system to the proof-of-stake system, began to question Lido’s leadership in the industry.
However, despite these new competitive conditions, Lido has managed to maintain its position as the largest staking protocol in the DeFi ecosystem. This shows Lido’s influence and solidity in the industry.
According to data provided by DeFiLlama, crypto deposits on Lido currently exceed $31 billion. This means that the total value locked on Lido’s protocol exceeded $39 billion in March.
After the Ethereum price rose above 4.8 thousand dollars in November 2021, it rose above 4 thousand dollars in March, indicating a significant period of rise in the crypto market. In this process, many altcoins also gained value, causing the crypto market to experience a significant increase in institutional visibility.
Lido’s stETH token stands out as the largest and most widely used collateral token in decentralized finance. With a value of over $10 billion so far, stETH enables the use of crypto assets as collateral, as well as providing liquidity in Ethereum staking transactions. This token from Lido offers investors a collateral option that is both safe and efficient.
Lido’s new product aims to gain wider acceptance in the field of decentralized finance by offering institutional investors greater security and flexibility. This solution offers access to a range of platforms that can integrate with storage solutions.
Custody solutions that offer native stETH integrations, such as Fireblocks and Taurus, also support these integrations, as do traditional trading and asset management platforms such as Matrixport and Swissborg. This gives investors a wide range of options to access Lido’s liquid staking products and fosters growth in decentralized finance.