Crypto

Is EigenLayer Ready For Institutional Adoption?

When it comes to staking assets, most institutions rely on qualified custodians or trusted institutionally-focused wallet providers. However, for those looking to restake with EigenLayer, the process involves using their user interface and connecting to DeFi wallets like Metamask, Trust, or Rainbow.

Institutions need their custodian or wallet provider to establish the necessary integrations into the EigenLayer ecosystem. This integration should allow their institution’s preferred staking provider, such as Twinstake, to seamlessly become part of the flow. Unfortunately, many institutionally-focused custodians currently have limited integrations with EigenLayer, creating barriers to entry into the ecosystem.

For institutions wanting to take advantage of EigenLayer’s restaking capabilities, it’s essential to work with a custodian or wallet provider that can facilitate the necessary integrations. By ensuring a smooth connection between the institution’s preferred staking provider and EigenLayer, institutions can maximize their staking potential and reap the benefits of this innovative platform.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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