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.