Blockchain technology company BridgeTower Capital announced the launch of a turnkey onramp that connects financial institutions to Lido’s staking infrastructure, as well as a security token that allows institutional investors to participate in staking rewards on the Layer 1 blockchain Avalanche.
It is reported that BridgeTower Capital operates more than 8,000 validator nodes that use 100% renewable energy. By focusing on regulatory compliance, the institution is deepening its business in the encryption ecosystem.
Through BridgeTower’s compliant marketplace, institutional investors can complete their “KYC” process, have a delegated whitelisted wallet, and deposit their ETH directly into Lido’s system.