Firstly, the majority of institutions hold their assets with a qualified custodian or trusted institutionally-focused wallet provider. However the primary delegation flow for restaking with EigenLayer is via their user interface and requires a connection to DeFi wallets such as Metamask, Trust or Rainbow. Institutions therefore require their custodian or wallet provider to build the necessary integrations into the Eigenlayer ecosystem in such a way that their institution’s staking provider of choice, such as Twinstake, can also be integrated in the flow. However to date, most institutionally focussed custodians have limited EigenLayer integrations, therefore blocking access into the ecosystem.
Related posts
-
Solana (SOL) Slides to Support: Bulls Ready to Defend?
Solana trimmed gains and traded below the $175 support zone. SOL price is now approaching the... -
Ethereum Price Consolidates Gains: Is It Ready for Another Push?
Ethereum price started a fresh increase above the $2,600 resistance. ETH is consolidating gains and might... -
Institutional Investors Position for Bitcoin Volatility Into the U.S. Election
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin...