Anchorage Digital to support liquid Ether staking

The cryptocurrency bank has added support for Liquid Collective’s Liquid Staked ETH (LsETH), a liquid staking token (LST) representing ETH staked on the Ethereum blockchain, Anchorage Digital said.

It expects to service US institutions — including venture capital (VC) firms, wealth managers, and blockchain protocols — directly from their Anchorage Digital accounts, the bank explained.

“This integration makes Anchorage Digital Bank NA the first [Options Clearing Corporation]-chartered, US-regulated bank to support participation in liquid staking,” Anchorage Digital said.