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📅 July 3, 7:00 – July 9,
Galaxy Digital has partnered with Liquid Collective to launch Ethereum liquid staking services.
On June 17, it was reported that a new cooperation was reached in the field of Ethereum liquid pledge services, and Galaxy Digital and Liquid Collective will provide Ethereum liquidity pledge services for institutional investors. According to the agreement, Galaxy will act as an over-the-counter backer to provide liquidity support for Liquid Collective's liquid staking token, LsETH. The partnership is based on new rules issued by the U.S. Securities and Exchange Commission in May, which make it clear that pledges do not constitute securities offerings. The two parties said that in the future, they will expand the cooperation to liquid staking services on networks such as Solana. In addition, Galaxy will also become a node operator for the Liquid Collective network.