Liquid Collective, "an institutional liquid staking protocol that achieved 900% TVL growth in Q3 alone, announced that BitGo has joined as a custodian to offer Qualified Custody for LsETH, Liquid Collective’s receipt token," according to the team. "This move represents BitGo’s entrance into the institutional liquid staking space, as Liquid Collective’s LsETH is the first and only Liquid Staking Token (LST) that BitGo offers custody support for. BitGo’s support of LsETH will allow all BitGo users and LsETH holders to participate securely in the largest DeFi sector."

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