With the boon of Proof-of-Stake networks across the crypto industry, staked crypto assets have emerged as an increasingly attractive financial instrument for individual and corporate investors. Data from DefiLlama shows that the value of assets locked in liquid staking services jumped 292% to $20 billion as of September 2023. This growth has not gone unnoticed among institutions looking to explore the crypto space — with 74% of firms committed to exploring digital assets and over 63% reporting a positive outlook on the wider crypto space.
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