
Anchorage Digital, the only federally chartered crypto bank in the U.S., has integrated with Lido, the largest liquid staking protocol on Ethereum. This allows institutional clients to mint and burn wstETH, Lido's wrapped staked ETH token, directly on Anchorage's platform without moving assets elsewhere. The integration combines custody, staking, and governance in one regulated environment, removing operational and security barriers for institutions. This move simplifies institutional access to liquid staking, offering flexibility and security while allowing ETH holders to earn staking rewards and use wstETH across DeFi markets.