Today the SIX Digital Exchange (SDX) announced the launch of its non-custodial Ethereum staking service for institutions. Between September 10 and 20, the Ethereum Merge will take place, migrating the blockchain from energy-hungry Proof of Work to Proof of Stake.
SDX’s solution enables institutions to securely manage Ethereum validator nodes through an API-based infrastructure to earn yield from staking. It’s in the process of signing its first client in the Swiss private wealth sector.
“The integration tools developed by SDX coupled with our experience operating in institutional markets, give our clients easy access to Ethereum staking capabilities with the highest security and reliability standards,” said Alex Smith, SDX Web3 Staking Product Lead.
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