Lido and Northstake Partner to Bring Institutional-Grade Staking to Ethereum

Northstake, a regulated platform offering compliant staking for institutions, has announced its partnership with Lido, the leading liquid staking protocol in the Ethereum ecosystem. The partnership will see Lido’s customizable staking setup, stVaults, integrated into Northstake’s validator marketplace.

What Does This Mean for Ethereum Staking?

The integration of stVaults will bring Lido staked ETH (stETH) liquidity to exchange-traded fund issuers, providing institutions with greater flexibility in staking and utilizing ETH. stVaults are designed for institutional compliance and efficiency, making them a customizable staking solution.

This partnership is significant, as Lido dominates the liquid staking market, accounting for approximately $26 billion in total value locked. According to recent data, Lido facilitates more than 25% of all staked ETH value.

An Institutional-Grade Staking Solution

Northstake’s CEO & founder, Jesper Johansen, emphasized that integrating stVaults will unlock the full potential of ETH staking for institutions. “Institutional staking solutions need to evolve to meet the demands of scale, security, and regulatory compliance,” Johansen added.

The launch of stVaults has the potential to extend access to staking to institutions, offering an open infrastructure that builders can tap into to bolster adoption. As Kean Gilbert, Lido DAO contributor, stated, “As the most liquid and composable staking token on Ethereum, stETH continues to provide a strong foundation for a wide range of integrations.”

Benefits of the Partnership

The partnership between Lido and Northstake will bring several benefits to institutions, including:

  • Institutional-grade staking solutions that meet the demands of scale, security, and regulatory compliance
  • Greater flexibility in staking and utilizing ETH
  • Customizable staking solutions through stVaults
  • Access to stETH liquidity for exchange-traded fund issuers

“Our plan to incorporate Lido’s pioneering stVaults into our ETH Validator Marketplace will set a new standard of staking services.” – Jesper Johansen, CEO & founder of Northstake

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