Hex Trust, a digital asset custodian, cooperates with Lido to provide institutional liquidity staking and custodial services

According to BlockBeats, on September 19, digital asset financial services provider Hex Trust announced that it has integrated custody and staking support for Lido stETH (a liquid staked token issued through the Lido protocol). This integration combines Lido's liquid staking agreement with Hex Trust's institutional-level hosting platform. This move is designed to ensure customers securely obtain staking rewards while maintaining liquidity, as stETH can be used in decentralized finance (DeFi) applications. In addition, the move aims to eliminate the operational overhead of institutions managing their own pledged infrastructure.