#Galaxy Partners With Liquid Collective for Institutional #Ethereum Staking Access
Galaxy Digital has partnered with Liquid Collective to provide institutional access to liquid #staking following favorable SEC guidance.
The partnership offers OTC support for Liquid Collective's
$ETH liquid staking token
$LSETH to institutional clients.
Plans include expanding to offer liquid staking for
$SOL in future phases of the collaboration.
Galaxy will also become a node operator for the Liquid Collective network, which has over $700 million in total value locked.
The SEC clarified in May that #staking activities do not constitute securities or investment contracts under federal law.
$LSETH is marketed as the only liquid staking token purpose-built to meet #institutional compliance and interoperability requirements.
Coinbase, Kraken, BitGo, Blockdaemon, and Anchorage Digital are existing supporters of Liquid Collective.
