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

“One open query that was clarified from a banking legislation perspective was that when funds are locked up, these funds have to be obtainable to shoppers at any given time,” Lavrov stated in an interview. “You might 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.”