Galaxy and Liquid Collective partner to provide Ethereum liquidity staking services to institutions

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According to Foresight News, The Block reported that Galaxy Digital and Liquid Collective have reached a cooperation to provide Ethereum liquidity staking services for institutional investors. Under the agreement, Galaxy will serve as an over-the-counter trading support party, providing liquidity support for Liquid Collective's liquidity staking token LsETH. This cooperation is based on the new regulations made by the US Securities and Exchange Commission in May, which clarified that staking activities do not constitute securities issuance. Both parties stated that they will extend their cooperation to liquidity staking services for networks such as Solana in the future. Additionally, Galaxy will become a node operator for the Liquid Collective network.

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