Digital asset financial service provider Hex Trust has announced the integration of Lido stETH (liquid staking token issued through the Lido protocol) custody and staking support.
This integration combines Lido's liquid staking protocol with Hex Trust's institutional-grade custody platform. The move aims to ensure that clients can securely earn staking rewards while maintaining liquidity, as stETH can be used in decentralized finance (DeFi) applications.
Additionally, this initiative aims to eliminate the operational overhead for institutions managing their own staking infrastructure.
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