Anchorage Digital Now Supports Lido, Expanding Institutional Access to Ethereum Liquid Staking
Anchorage Digital, home to America's first federally regulated crypto bank, has integrated with Lido, the largest liquid staking protocol on Ethereum, giving institutions compliant access to wstETH without leaving the Anchorage Digital platform.
Institutions can now connect directly to the Lido dApp from Anchorage Digital to mint and burn wstETH, Lido's wrapped staked ETH token. The result: exposure to Ethereum staking yield in a liquid, transferable form, held under Anchorage Digital's leading secure custody and governance controls.
"Liquid staking has become one of the most important building blocks for institutional participation in Ethereum. By integrating with Lido, we're giving institutions access to wstETH without the operational or security tradeoffs that have historically kept large allocators on the sidelines. It's another step in making advanced onchain infrastructure institution-grade." — Nathan McCauley, Co-Founder and CEO, Anchorage Digital
Why liquid staking matters for institutions
Traditional Ethereum staking presents a tradeoff institutions have long struggled to reconcile: validators must lock capital, run dedicated infrastructure, and accept long unbonding periods to earn staking rewards. Liquid staking resolves that tension. ETH holders stake through Lido's protocol and receive wstETH in return, a token that accrues staking rewards while remaining liquid, transferable, and composable across supported onchain ecosystems.
For institutions, the benefits are concrete: capital efficiency, simplified operations, and a position that can be managed, used as collateral, or deployed into DeFi strategies without unwinding the underlying stake. wstETH is one of the most widely adopted liquid staking tokens in the ecosystem, with deep integrations across lending markets, DEXs, and cross-chain protocols.
“Institutional adoption depends on whether access fits the way institutions actually operate. Anchorage Digital’s integration brings wstETH into an important US institutional platform and strengthens the role of stETH and the Lido protocol in institutional Ethereum staking.” - Kean Gilbert, Head of Institutional Relations, Lido Ecosystem Foundation
A regulated gateway to onchain primitives
By accessing Lido through Anchorage Digital, institutions avoid fragmenting operations across multiple platforms or layering on counterparty risk. Staking, custody, and governance sit within a single federally regulated environment.
The integration extends Anchorage Digital's broader work to bring institutional-grade access to the full stack of onchain primitives, staking, liquid staking, restaking, governance, and settlement, under one comprehensive platform.
To learn more about institutional liquid staking with Lido through Anchorage Digital, please get in touch.
About Anchorage Digital
Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through trading, staking, custody, governance, settlement, stablecoin issuance, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. Anchorage Digital Bank also offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian. Anchorage Digital is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a valuation of $4.2 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.
This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein.
Anchorage Digital Bank National Association offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian.
