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Aegis Custody And Lido Partner To Offer Qualified Custodial Services For Liquid Staking

Date 24/01/2023

Aegis Custody, a Web3 digital asset custodian offering regulatory compliant solutions and custody services for on-chain transactions including DeFi, staking, liquid staking and smart contracts, and Lido, a liquid staking solution for ETH backed by industry-leading staking providers, have announced an integration to offer end-to-end custody, liquid staking and execution services. Aegis is among the first regulated custodians to offer this kind of service to Lido’s users.

 

Institutions are faced with stringent security and regulatory requirements that the financial services arena is struggling to keep up with. Digital asset custodians such as Aegis have emerged as a potential solution for institutional investors. 

Through this partnership, Aegis will provide secure custody solutions for Lido's digital assets, ensuring the safety and security of users' funds. In addition, the integration will allow Lido to focus on its core mission of providing accessible, transparent, and minimized counterparty risk financial services to its users.

“Partnering with Lido is a significant step forward in the development of the Web 3 industry,” said Serra Wei, CEO of Aegis. “By empowering Lido users with an end-to-end solution that includes custody, liquid staking and execution services, we will drive innovation and bring accessible financial services to a wider audience.”

""Lido is focused on making Proof-of-Stake (PoS) staking more accessible and capital efficient for participants,” said Vasiliy Shapovalov, Co-Founder, Lido. “The custodial services provided by Aegis will ensure Lido users have the infrastructure they need to access decentralized finance with a higher degree of ease and confidence."

As a licensed digital asset custodian, Aegis ensures that institutional clients’ assets are protected from unauthorized access and follow mandated regulatory requirements. The company also offers specie insurance provided by market-leading global specialty (re)insurer, Canopius, via Lloyd's of London, including NFTs and any kind of tokenized assets held by institutional investors.

Learn more about Aegis by visiting  https://www.aegiscustody.com/