Bitwise announced on Wednesday that it acquired Attestant, an Ethereum staking provider with $4 billion in staked assets.
"We’re pleased to announce that Bitwise has acquired Attestant, a leading non-custodial institutional-grade Ethereum staking provider with $4 billion in staked assets," the firm said in a post to X. "The acquisition brings total Bitwise client assets above $10 billion."
As of the end of last month, the staking rewards rate on the Ethereum network remained about 3% during the third quarter of 2024, after a slight decline from just over 3.5% in the first quarter. London-based Attestant specializes in providing non-custodial Ethereum staking for financial institutions, family offices, and high-net-worth individuals, according to its LinkedIn.
Bitwise said in its post that the "business will be rebranded to Bitwise Onchain Solutions in the coming months."
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