Anchorage Digital adds Lido support, giving institutions access to wstETH
The Block·
60-second summary
Anchorage Digital is adding Lido support, giving institutions direct access to wstETH through its platform. This integration allows institutional clients to access Lido's wrapped staked ETH token, providing a seamless experience. The move is expected to increase adoption of staked ETH among institutional investors, potentially boosting demand for Ethereum staking services and related assets.
Through the integration, institutional clients gain direct access to Lido's wrapped staked ETH token, wstETH, via Anchorage’s platform.