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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Magepai on June 29, 2022, 03:20:51 AM

Title: Anchorage Digital Announces Ethereum Staking For Institutions
Post by: Magepai on June 29, 2022, 03:20:51 AM
The crypto storage firm will allow institutions to stake the second-largest digital asset by market cap. By paving the way for institutions to stake their Ethereum, we’re providing heightened legitimacy to market-tested assets—and in the process, eliminating any hot wallet risks for institutions looking to generate new earnings from crypto,” Diogo Mónica, co-founder and president of Anchorage Digital, said in a statement.

The idea is that Anchorage Digital will keep funds safe for institutions—including banks, venture capital firms, and even governments—by holding their crypto in cold storage.more (https://decrypt.co/104001/anchorage-digital-announces-ethereum-staking-for-institutions)