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ETH price slips, but institutions flock to Ethereum staking — Lido Exec

cryptoweekly by cryptoweekly
June 16, 2025
in bitcoin, News
0

Ether price has significantly underperformed in 2025, but institutional demand for Ethereum staking is growing, says Lido Foundation’s Kean Gilbert.

Ether has significantly underperformed Bitcoin and other digital assets this market cycle, but growing institutional interest in Ethereum staking is driving demand for custody solutions to support a wider range of investors, according to Kean Gilbert, head of institutional relations at the Lido Ecosystem Foundation. 

On May 27, Komainu, a regulated digital asset custody provider, began offering custody support for Lido Staked ETH (stETH), which is Ethereum’s largest staking token, accounting for 27% of all staked Ether (ETH).

The custody solutions are available for institutional investors in Dubai, United Arab Emirates, and Jersey, the autonomous self-governing territory of the British Islands. 

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Recent Posts
  • XRP dip was a ‘healthy correction,’ Ether supply shock: Hodler’s Digest, July 20 – 26
  • Solo Bitcoin miner scores $373,000 block reward
  • 'Parabolic bull markets and devastating bear markets are over’ — BTC analyst
  • Demographics will 'leapfrog' Bitcoin adoption in Pakistan — Bilal Bin Saqib
  • Bitcoin bulls 'in control’ as BTC price rebounds to $118K
  • XRP wallet linked to Chris Larsen still has $9B to sell, analyst warns
  • Wrench attacks drive crypto investors to centralized custodians

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