According to The Block, crypto bank Anchorage Digital has announced its integration with Lido, the largest liquid staking protocol on Ethereum, providing institutional clients with direct access to the derivative asset wstETH. Through this integration, institutions can mint and burn wstETH, capturing Ethereum staking rewards while benefiting from Anchorage's custody and governance compliance framework for secure and compliant staking operations.

Crypto Bank Anchorage Digital Integrates Lido, Enables wstETH Minting and Burning for Institutional Clients
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News EditorCrypto bank Anchorage Digital has integrated Lido, the largest Ethereum liquid staking protocol, allowing institutional clients to mint and burn wstETH directly. Users can earn Ethereum staking rewards while leveraging Anchorage's custody and governance compliance framework.
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