Anchorage Digital launches liquid staking for institutions

Anchorage Digital has introduced a service that allows institutional clients to stake Ether (CRYPTO:ETH) through its platform, utilizing Liquid Collective’s liquid staked ETH (LsETH).

This initiative provides institutions such as venture capital firms and wealth managers with a secure and flexible way to engage in liquid staking.

With LsETH, clients can receive a liquid staking token that represents their staked ETH along with accrued network rewards, which can be transferred as needed.

This development marks Anchorage Digital Bank NA as the first OCC-chartered U.S. bank to facilitate institutional liquid staking, expanding its services in the Ethereum ecosystem.

The announcement highlights that clients can also use their LsETH for restaking on Eigenlayer, enhancing access to various on-chain opportunities.

This integration brings together staking, restaking, and secure custody in one cohesive platform.

“With LsETH, our clients gain a flexible staking option that allows them to access ETH staking rewards. Anchorage Digital is proud to enable institutional access to liquid staking through our secure, regulated offering,” Nathan McCauley, CEO and co-founder of Anchorage Digital, stated.

Liquid staking with LsETH provides daily auto-staking of ETH network rewards while allowing institutions the ability to sell, transfer, or deploy their tokens.

This model addresses the liquidity needs of institutions while generating rewards from Ethereum's staking ecosystem.