Anchorage Digital co-founder Diogo Mónica said the crypto bank had witnessed a fourfold surge in institutional ether staking this year.
Anchorage Digital co-founder and President Diogo Mónica said the crypto bank had witnessed a fourfold surge in ether staking this year.
“Many institutions no longer want to only hold digital assets. Increasingly, they want to actively participate in the wider crypto ecosystem, which means more actively trading, staking, governance etc.,” the Anchorage Digital President said.While most crypto cycles have witnessed hype around the idea that institutions were coming into the space, many participants were left disappointed by the reality.
Such market structure is something Anchorage is actively working on in the space, as demonstrated by the new institutionallast month to provide custody solutions for its upcoming clearinghouse business.
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