Currently, Ethereum is the mainstream protocol supporting smart contract applications. If BTC is digital gold, then Ethereum is silver. Ethereum has great utility, and BTC can be used as a store of value. Although both BTC and Ethereum have been using proof of work, and machines provide them with network security by consuming huge amounts of electricity, Ethereum is transitioning to a proof-of-stake mechanism. By providing security for these networks, contributors can be rewarded.
Pantera launched the first BTC fund for institutional investors. For high-net-worth individuals and institutions, they can invest in Bitcoin with confidence and convenience by familiarizing themselves with the structure. Similarly, our investment portfolio company Staked recently launched an ETH trust fund, so that investors can invest in ETH, and at the same time receive ETH 2.0 pledge returns. At present, ETH 2.0 pledge income has risen, with an annualized rate of about 7.5%, which is higher than the income of ETH-only borrowing. Staked uses powerful suppliers to provide pledge, custody, fund management, accounting and transfer agency services. In addition, IRA, 401k and other specific investment accounts can also hold shares in ETH trust funds.
I believe that for institutional investors, this is an important step to achieve full investment in ETH assets. Staked has provided staking services to top cryptocurrency funds and industry infrastructure providers.
Through Staked, customers can make investments without surrendering asset custody rights. In the future, Staked’s infrastructure can support institutional investment products and provide channels for participating in DeFi and obtaining income. In this epidemic, The income of traditional banks has reached a negligible level.
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.