3 hours ago
Crypto custodian Hex Trust has integrated custody and staking enactment for stETH, the liquid staking token issued by Lido that represents astir a 4th of each staked ether.
The determination allows organization clients to involvement ETH and negociate stETH straight from Hex Trust’s custody platform, combining staking rewards with secure, regulated infrastructure. Institutional investors often look barriers erstwhile engaging with staking, specified arsenic operational complexity and counterparty risks, Hex Trust said.
The custody firm’s one-click staking diagnostic removes these hurdles, enabling clients to entree staking rewards and decentralized concern (DeFi) liquidity tools without mounting up their ain infrastructure, according to a property release. stETH holders tin besides deploy their tokens crossed decentralized finance, including lending, collateral and restaking strategies.
“For organization investors, ratio and information are not conscionable preferences—they are necessities,” said Calvin Shen, main commercialized serviceman astatine Hex Trust. “Our solution provides that captious combination.”
The integration reflects a wider displacement successful crypto markets wherever institutions are demanding unafraid pathways into decentralized finance. By combining custody and staking wrong 1 platform, Hex Trust positions itself arsenic a span for accepted investors seeking vulnerability to Ethereum’s staking economy.
Clients tin present entree the caller services done Hex Trust’s platform.
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