Institutional Custody for Stride LSTs Now Available on Tholos

Institutional Custody for Stride LSTs Now Available on Tholos

8.21.2024

We're excited to share a major milestone for the Cosmos and Celestia ecosystems: institutional custody for Stride liquid staked tokens (LSTs) is now available on Tholos. This development marks a significant step forward in enabling secure and efficient participation in Cosmos staking for institutional investors.

Unlocking Secure Access to Staked Tokens

Tholos is revolutionizing how institutions engage with the Cosmos ecosystem by unlocking access to liquid staked tokens. Traditionally, while many crypto custody providers have supported native Cosmos tokens like ATOM, OSMO, and TIA, the complexities associated with staking have often led institutions to leave their tokens unstaked, missing out on potential yield. Tholos addresses this challenge by offering their robust custody solution specifically tailored for Stride LSTs, making it easier and safer for institutions to hold and manage these assets.

Secure Custody for Stride LSTs

With Tholos now supporting Stride’s liquid staked versions of ATOM, OSMO, TIA, DYDX, and all other Stride LSTs, institutional investors can confidently participate in staking without compromising on security or efficiency. This means that funds can now securely hold liquid staked tokens, optimizing their returns by earning staking rewards while maintaining liquidity.

Enhancing Participation in the Cosmos Ecosystem

This new offering from Tholos opens the door to greater institutional participation in the Cosmos ecosystem. By providing secure custody for liquid staked tokens, Tholos is removing barriers that have previously prevented institutional investors from fully engaging with Cosmos staking. This not only enhances the efficiency of asset management but also contributes to the overall growth and maturity of the Cosmos ecosystem.

For more information, contact Tholos and visit Stride.