According to TechFlow, on August 2, according to official news, the liquidity pledge agreement Lido announced the launch of the institutional-level liquidity pledge solution Lido Institutional. This middleware solution combines the reliability and security required for enterprise-level pledges with the liquidity and practicality required for diversified institutional strategies.

Lido said that as its protocol has gained the trust of more and more well-known institutional partners, it has become the first choice for many institutions that want to participate in Ethereum staking. Lido will continue to be committed to providing excellent staking solutions that meet the high standards of custodians, asset managers and exchanges.