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Anchorage Digital adds Lido wstETH support for institutional Ethereum staking

Anchorage Digital adds Lido wstETH support for institutional Ethereum staking

The federally chartered U.S. crypto bank now lets institutional clients hold and use wstETH in a custody framework built for staking, settlement, reporting and governance.

ETH
STETH
WSTETH

Fact Check
Two independent primary sources confirm the claim: Anchorage Digital's own insights page and Lido's official blog on the lido.fi domain, both dated July 2, 2026. Both state that Anchorage Digital, the first US federally chartered/regulated crypto bank, integrated Lido and now lets US institutional clients access wstETH for custody, staking, and settlement, with institutions able to mint and burn wstETH directly from the platform. The Block corroborates independently. Every element of the claim matches the primary sources.
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Summary

Anchorage Digital has integrated Lido’s liquid staking solution into its institutional platform, giving U.S. institutional clients access to wstETH within its custody environment. The addition is aimed at Ethereum holders that need staking exposure to fit existing custody, governance, reporting and settlement processes. wstETH is the wrapped, non-rebasing version of stETH, with rewards reflected through its exchange rate rather than token balance, a structure designed to simplify accounting and integration with DeFi and institutional systems that do not support rebasing assets. The move broadens institutional access to liquid staking as stETH remains Ethereum’s largest liquid staking token by market adoption and is already used in European regulated products such as WisdomTree’s fully staked stETH ETP.

Terms & Concepts
  • wstETH: The wrapped, non-rebasing version of stETH, designed so staking rewards accrue through the token’s exchange rate rather than a changing balance.
  • liquid staking: A staking model that gives users a transferable token representing staked assets while the underlying position continues earning rewards.
  • rebasing assets: Tokens whose balances change automatically over time, often to reflect accrued rewards or supply adjustments.