CoinVoice has learned that, according to The Block, Galaxy Digital has partnered with Liquid Collective to provide liquid staking services for institutional investors in Ethereum.
According to the agreement, Galaxy will act as an over-the-counter trading support party, providing liquidity support for Liquid Collective's liquid staking token LsETH. This cooperation is based on the new regulations issued by the SEC in May, which clearly state that staking activities do not constitute a securities issuance. Both parties indicated that they will expand their cooperation to include liquid staking services on networks such as Solana in the future. In addition, Galaxy will also become a node operator for the Liquid Collective network. [Original link]
