Regulated Digital Asset Custodian Komainu Adds Custody Support for stETH

Foresight News reports that Komainu, a regulated digital asset custody institution supported by Laser Digital and Blockstream, has announced the addition of custody support for Lido's staked ETH ($stETH). This aims to provide institutional investors with a secure and efficient way to participate in Ethereum's staking infrastructure.

Komainu Connect will further enhance its product offerings and will soon allow clients to use $stETH as collateral for over-the-counter settlements or financing arrangements.