Lido brings ETH staking to US clients of BitGo Bank & Trust

Institutional ETH staking in the US just got one fewer excuse. On October 7, 2026, BitGo Bank & Trust, N.A. announced that eligible US clients can stake Ether through Lido directly inside their existing BitGo accounts. Clients stake ETH, receive stETH, and manage the whole position in one place. How the BitGo and Lido setup works Liquid staking means committing ETH to help secure the Ethereum network in exchange for rewards, while avoiding traditional lock-up periods. Lido issues stETH tokens that represent a staked position and can move around while the underlying ETH remains staked. The new integration means BitGo’s US clients do not need to set up extra operational workflows or bring in additional counterparties. The staking, the stETH receipt, and the ongoing management all live within the BitGo platform they already use. BitGo is positioned as the first US-based qualified custodian to offer native ETH staking through Lido. Kean Gilbert, Head of Institutional Relations at the Lido Ecosystem Foundation, framed the move as supplying the custodial backing institutions need to pursue Lido staking strategies. Nathan Stump, Managing Director at BitGo, emphasized that BitGo is kee...