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Home Blockchain

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

by DigestWire member
June 16, 2025
in Blockchain, Crypto Market, Cryptocurrency
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ETH price slips, but institutions flock to Ethereum staking — Lido Exec
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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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