ChainCatcher news, reported by The Block, Galaxy Digital has partnered with Liquid Collective to provide Ethereum liquid staking services for institutional investors.

Under the agreement, Galaxy will act as an over-the-counter trading support provider, offering liquidity support for Liquid Collective's liquid staking token LsETH. This collaboration is based on the new regulations issued by the SEC in May, which clarify that staking activities do not constitute securities issuance. Both parties stated that they will expand their cooperation to include liquid staking services for networks such as Solana in the future. In addition, Galaxy will also become a node operator for the Liquid Collective network.