Anchorage Digital Integrates with Puffer Finance for Staking Rewards
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Anchorage Digital, the first federally chartered crypto bank, has partnered with Puffer Finance. This integration allows institutional clients to stake their Ether in Anchorages custody and receive pufETH, a liquid restaking token. This setup enables clients to earn staking and restaking rewards without managing their own validators or infrastructure. Anchorage, based in San Francisco, aims to expand access to onchain services for big institutions. The company is reportedly seeking $200-400 million in new funding and considering an IPO next year. Meanwhile, other firms like SharpLink are adopting similar staking and restaking strategies.
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