Anchorage Digital Brings Lido Liquid Staking to Institutional Clients

Anchorage Digital, the US-based crypto bank, has integrated Lido's liquid staking protocol to provide its institutional clients with direct access to Ethereum (ETH) staking rewards. This integration eliminates the need for institutions to move assets to external services and allows them to mint wrapped staked Ether (wstETH) or redeem it back into ETH directly within Anchorage Digital's regulated platform.

The wstETH automatically accrues staking rewards from Ethereum's proof-of-stake network while remaining fully liquid and transferable. This solves several pain points of traditional ETH staking, including long unbonding periods, operational burdens, and capital sitting idle.

Nathan McCauley, Co-Founder and CEO of Anchorage Digital, described liquid staking as one of the most important building blocks for institutional participation in Ethereum.