BitGo Bank & Trust, N.A. has enabled ETH staking through the Lido protocol for eligible US clients. Clients can stake ETH, hold the resulting stETH in their existing BitGo account, monitor positions through the BitGo interface, and redeem stETH back to ETH on the same platform.
- The bank first offered the service to clients in Europe and Asia in July 2025, when it integrated Lido into its custody platform, and is now expanding availability to the US
- Lido's Kean Gilbert noted institutions need custodian support for staking strategies, while BitGo's Nathan Stump said the move brings staking into the familiar BitGo workflow without added operational complexity