Lido Finance reposted this
Hashnote has launched a regulated fund vehicle built on top of Lido Finance Staked #Ethereum (stETH), offering an institutional-grade liquid staking solution. This Institutional stETH Fund combines complete on-chain transparency with a regulated framework, adhering to standards set by the Commodity Futures Trading Commission (CFTC) and the Cayman Islands Monetary Authority (CIMA), serving both U.S. and international entities. With the rising demand for liquid staking, evidenced by 24% of all ETH supply being staked via liquid tokens, integrating a new Digital Asset class into a regulated fund structure presents complex security, regulatory, and infrastructure challenges. The collaboration between Hashnote and Lido offers a solution that addresses these challenges, providing a secure, compliant, and transparent pathway to liquid staking for regulated institutions. Furthermore, Hashnote’s Lido stETH liquid staking solution clients are able to take advantage of Hashnote’s option vault to generate even higher yields without the need to give up staking yields. Full announcement in the comments ⬇
Institutional Grade Liquid Staking With Hashnote and Lido Finance -> https://blog.lido.fi/institutional-grade-liquid-staking-with-hashnote-and-lido