Crypto Custodian Taurus Enlists Lido to Bring Liquid Ethereum Staking to Swiss Banks

“One open query that was clarified from a banking regulation perspective was that when funds are locked up, these funds should be accessible to shoppers at any given time,” Lavrov mentioned in an interview. “You possibly can argue that’s achieved by liquid staking, since funds are available and the token is pegged one-to-one with ETH. So I see a breakthrough alternative for banks to get into options like Lido.”