Digital asset custodian Hex Trust collaborates with Lido to provide institutional liquid staking and custodian services.

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On September 19, digital asset financial service provider Hex Trust announced that it has integrated custody and staking support for Lido stETH (a liquid staking token issued through the Lido protocol). This integration combines Lido's liquid staking protocol with Hex Trust's institutional-grade custody platform. The move aims to ensure that clients can securely earn staking rewards while maintaining liquidity, as stETH can be used for Decentralized Finance (DeFi) applications. Additionally, this move aims to eliminate the operational overhead of institutions managing their own staking infrastructure.

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