Crypto Custodian Taurus Enlists Lido to Bring Liquid Ethereum Staking to Swiss Banks

“One open question that was clarified from a banking law perspective was that when funds are locked up, those funds must be available to clients at any given time,” Lavrov mentioned in an interview. “You could argue that is achieved by liquid staking, since funds are readily available and the token is pegged one-to-one with ETH. So I see a breakthrough opportunity for banks to get into solutions like Lido.”