Lido expands ETH staking access for US clients via BitGo Bank
Summary
BitGo Bank & Trust has expanded its ETH staking services by enabling eligible clients in the US to stake ETH and receive stETH through their existing accounts via the Lido protocol. This service, which allows clients to manage their stETH directly within the BitGo platform, was first offered to clients in Europe and Asia in July 2025 before its recent extension to US clients. By facilitating this staking strategy, BitGo Bank & Trust aims to support institutional clients in maximizing the utility of their digital assets without complicating operational processes.
Tokens
$ETH
Analysis
Lido: Lido operates a decentralized liquid staking protocol for Ethereum that issues stETH tokens representing staked ETH. The protocol has been integrated into the BitGo Bank & Trust custody platform, enabling eligible US institutional clients to access staking, hold stETH in custody, and redeem through the BitGo interface. This partnership expands Lido's availability to US institutions via an established custodian. BitGo Bank & Trust: BitGo Bank & Trust, N.A. is a digital asset custody and banking provider focused on institutional clients. It recently integrated the Lido protocol to support ETH staking, first for clients in Europe and Asia in July 2025, and has now extended the service to eligible US clients. This allows institutions to stake ETH and manage resulting stETH directly within their existing BitGo accounts. Service Capabilities: Clients can stake ETH, hold and monitor stETH positions, and redeem stETH for ETH through the BitGo platform. US Institutional Access: Eligible US clients holding ETH with BitGo Bank & Trust can now stake through the Lido protocol and manage stETH within their existing account. Expansion from Prior Markets: The Lido staking service, previously available to clients in Europe and Asia, is now being extended to additional eligible US clients.
Categories
ethereumcryptodefibasetechdatshyperliquidperps