Hex Trust cryptographic custodian has integrated custody and support for Steth, the liquid token emitted by Lido that represents almost a quarter of every ether.
The measure allows institutional clients to bet on ETH and administer Steth directly from the Hex Trust custody platform, combining betting rewards with safe and regulated infrastructure. Institutional investors often face barriers when they commit to the rethink, such as the operational complexity and risks of the counterpart, said Hex Trust.
The custody company’s betting feature characteristics eliminates these obstacles, which allows customers to access rethinking rewards and decentralized finance liquidity tools (DEFI) without configuring their own infrastructure, according to a press release. Steth holders can also deploy their tokens through decentralized finances, including loans, guarantee and replacement strategies.
“For institutional investors, efficiency and security are not just preferences, they are needs,” said Calvin Shen, commercial director of Hex Trust. “Our solution provides that critical combination.”
Integration reflects a broader change in cryptographic markets where institutions demand safe roads in decentralized finances. When combining custody and rethinking within a platform, Hex Trust is positioned as a bridge for traditional investors seeking exposure to Ethereum’s economy.
Customers can now access new services through the Hex Trust platform.
