Anchorage Digital co-founder Diogo Mónica said the crypto bank had witnessed a fourfold surge in institutional ether staking this year.
Anchorage Digital co-founder and President Diogo Mónica said the crypto bank had witnessed a fourfold surge in ether staking this year.
“Many institutions no longer want to only hold digital assets. Increasingly, they want to actively participate in the wider crypto ecosystem, which means more actively trading, staking, governance etc.,” the Anchorage Digital President said.While most crypto cycles have witnessed hype around the idea that institutions were coming into the space, many participants were left disappointed by the reality.
Such market structure is something Anchorage is actively working on in the space, as demonstrated by the new institutionallast month to provide custody solutions for its upcoming clearinghouse business.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Copernicus: Record-Breaking Wildfires Throughout the 2023 Boreal Wildfire Seasonwildfire season for 2023, Copernicus: Record-breaking wildfires throughout the 2023 boreal wildfire season
Read more »
1 dead in Klondike Court vehicle fire, Anchorage’s 9th fatal fire of 2023The fire was likely caused by an improperly discarded smoking material, based on witness statements and evidence at the scene.
Read more »
1 dead in Klondike Court vehicle fire, Anchorage’s 9th fatal fire of 2023A vehicle was found fully engulfed in flames in a Russian Jack neighborhood Saturday night, leaving one person dead, Anchorage Fire Department Assistant Chief Alex Boyd wrote in an email.
Read more »
The best electric toothbrushes of 2023 | Digital TrendsElectric toothbrushes take all the push and pull out of manual brushing, giving you a deeper clean. Here are our favorite electric toothbrushes on the market.
Read more »