Lido Finance’s Post

Institutional Grade Liquid Staking. Visit Lido Institutional to understand the benefits of using Lido's stETH for Institutions. lido.fi/institutional

Q3 2024 has seen multiple institutions unveiling their integrations of stETH to provide their users with access to Lido’s liquid staking middleware. Amongst others, these include: - Deribit: a cryptocurrency exchange that has enabled the launch of trading and use of stETH on their platform.  - Wintermute: an algorithmic trading firm offers stETH OTC and accepts stETH as collateral on their platform. - Fireblocks: a platform delivering an infrastructure for moving, storing, and issuing digital assets that has enabled its users to stake their ETH through Lido’s liquid staking middleware for Ethereum. Check the full Lido Institutional Q3 Recap here: https://lnkd.in/d8XD6kv4

Bringing Liquid Staking to the Fireblocks Network. Lido Institutional is thrilled to share that Fireblocks has integrated Lido, enabling users to stake their ETH with Lido’s liquid staking middleware for Ethereum. More information here: https://lnkd.in/dVNpmQVN

Thank you to everyone who stopped by the Social Hour with OKX, Komainu, and Lido Institutional. It was fantastic connecting with everyone and meeting those pushing the boundaries of the digital asset space. Lido, Komainu and OKX have built great synergies over the last years, including the addition of stETH as a collateral asset on OKX. OKX will increase support of Lido’s stETH as a collateral asset at 10% haircut, which will go live this week. If you are interested in exploring similar developments, don’t hesitate to reach out to Lido Institutional contributors here: https://lnkd.in/gcbE_Z-8

Lido Institutional contributors are excited to share that stETH joins the Wintermute multi-currency collateral support for OTC trading.    With this update, you can stake your ETH, get rewards and for the first time, use stETH as collateral for OTC trading at Wintermute, allowing institutions to maximize their assets and improve trading efficiency. More information here: https://lnkd.in/dGzGV-a3

Update: stETH is now supported as collateral by Wintermute for OTC trading.

Lido Institutional contributors are going to Singapore 🇸🇬 Get in touch to discuss all things Ethereum staking and learn more about stETH, Ethereum’s leading liquid staking token with best-in-class security, deep liquidity and unmatched rewards. Arrange a meeting here: https://lnkd.in/gcbE_Z-8 See you September 18th!