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Anchorage Digital has integrated Lido support into its platform, giving institutional clients direct access to wstETH, Lido's wrapped staked ether token.
The move extends Anchorage's digital asset offering into liquid staking derivatives without requiring institutions to interact with Lido's protocol directly.
What the Integration Covers Through the Anchorage-Lido integration, institutional users can access wstETH — the wrapped, yield-bearing version of Lido's staked ether — from within the Anchorage platform.
The wrapping mechanism is relevant here: unlike stETH, which rebases daily to reflect staking rewards, wstETH holds a fixed token count while its value accrues, making it more compatible with DeFi protocols and institutional accounting systems that expect stable balances.
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