The Crypto Custodian Hex Trust has integrated custody and support support for Steth, the fluid stakestock issued by Lido, representing almost a quarter of all stacked ether.
The move allows institutional clients to stab ETH and control Steth directly from Hex Trust’s custody platform and combine stack wages with secure, regulated infrastructure. Institutional investors often face barriers when they engage in efforts, such as operational complexity and counterparty risks, the Hex Trust said.
The detention company’s ET-Click Stacking function removes these obstacles, enabling clients to access poorer and decentralized financing tools (DEFI) without creating their own infrastructure, according to a press release. Steth holders can also implement their tokens across decentralized financing, including lending, security and rest strategies.
“For institutional investors, efficiency and security are not just preferences – they are necessities,” said Calvin Shen, Chief Commercial Officer at Hex Trust. “Our solution gives the critical combination.”
The integration reflects a wider shift in crypto markets, where institutions require safe roads in decentralized financing. By combining custody and efforts within a platform, the Hex Trust positions itself as a bridge for traditional investors seeking exposure to Ethereum’s efforts economy.
Customers can now access the new services through Hex Trust’s platform.
