stETH Collateral for OTC Trading Wintermute Now Supports Lido’s

Quick Summary:

stETH Collateral for OTC Trading: In a significant move for the liquid staking and over-the-counter (OTC) trading markets, Lido, a leading liquid staking platform, announced that its Lido Staked ETH (stETH) can now be used as collateral for OTC trading on Wintermute, a prominent cryptocurrency trading firm and market maker.

This opens new opportunities for institutions seeking to maximize yield while maintaining flexibility in their trading operations.

This integration is expected to improve trading efficiency by offering new avenues for capital deployment and increasing the utility of staked assets.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: StETH Collateral Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 12:12:31 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22459692

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 14 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions