The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers.
Lido Finance has introduced Lido Institutional, an institutional-grade liquidity staking solution aimed at large customers such as custodians, asset managers and exchanges.
Lido Institutional is a middleware solution that “combines the reliability and security necessary for enterprise-grade staking with the liquidity and utility required for diverse institutional strategies,” Lido said in a post on X.
Lido is the largest liquid staking protocol, controlling over 28.5% of all staked Ether (ETH). That share was down from 32% in December, but it already represents a large institutional customer base, as the decentralized autonomous organization (DAO) noted in its announcement:
