Digital asset financial service provider specializing in market services, Hex Trust announced the integration of custody and staking support for stETH, Ethereum’s largest liquid staking token issued through the Lido protocol, which accounts for nearly a quarter of all staked ETH.
By incorporating stETH into its custody platform, Hex Trust combines Lido’s liquid staking protocol with its institutional-grade infrastructure, offering clients secure access to staking rewards and liquidity. This integration allows users to utilize stETH in decentralized finance (DeFi) applications while eliminating the operational complexities of directly managing staking infrastructure.
“For institutional investors, efficiency and security are not just preferences—they are necessities,” said Calvin Shen, Chief Commercial Officer at Hex Trust, in a written statement. “Our clients need to generate rewards without compromising their risk framework. Our solution provides that critical combination: a secure custody platform that enables a seamless one-click staking experience. This eliminates the operational friction and counterparty risks associated with managing on-chain activities, allowing them to focus on portfolio strategy, not infrastructure,” he added.
Hex Trust’s integration of stETH aims to address key challenges faced by institutions when adopting liquid staking, such as managing liquidity, dealing with complex workflows, and finding reliable infrastructure. By combining custody and staking within a single platform, Hex Trust facilitates easier access to staking rewards and liquidity while streamlining on-chain participation.
This integration provides clients with several benefits. It offers integrated staking, allowing users to stake ETH and mint stETH directly within Hex Trust’s platform through a simple, one-click process. It also offers flexible access, with no minimum requirements, making liquid staking accessible for various portfolio strategies. Additionally, it expands the utility of stETH, enabling its use across the DeFi ecosystem for lending, restaking, collateralization, and more.
“Hex Trust’s integration extends access to stETH, issued via the Lido protocol,” said Kean Gilbert, Head of Institutional Relations at the Lido Ecosystem Foundation, in a written statement. “This is another step toward making Ethereum staking accessible to institutions in a way that balances security, scale, and liquidity,” he added.
The integration of stETH into the Hex Trust platform highlights the evolving maturity of the market, as infrastructure providers and protocols develop secure and advanced solutions to facilitate institutional participation. This integration sets a reliable and scalable framework for traditional institutions to engage with the decentralized economy. It also solidifies staking as a central element in institutional strategies for digital assets.
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