**Lido Finance Launches Institutional-Grade Staking Solution**

Lido Finance has rolled out Lido Institutional, a high-grade liquidity staking solution tailored for large-scale clients like custodians, asset managers, and exchanges. This new service aims to blend enterprise-level security with the liquidity needed for diverse institutional strategies.

Already a heavyweight in the staking world, Lido controls over 28.5% of all staked Ether (ETH), despite a slight dip from 32% in December. The platform has been gearing up for this launch, partnering with Taurus and Fireblocks for infrastructure support.

Lido, governed by a decentralized autonomous organization (DAO), allows users to stake any amount of ETH and earn rewards, while also using their staked ETH for other activities. However, the SEC has raised concerns, claiming Lido and its competitor Rocket Pool sell unregistered securities. The SEC has yet to take direct action, but its stance is clear.