MetaMask Institutional Launches Market for Institutionalized Staking via Wallet

MetaMask Institutional is set to launch a market for institutionalized staking via its wallet on March 27th, 2023. The wallet, known as MetaMask Institutional (MMI), has been available for institutional users for the past two years and offers a range of benefits, including an improved API for portfolio operation analytics, multi-user accessibility, and heightened KYT risk evaluation.

One of the advantages of MMI is its focus on institutional organizing, making it better suited for firms. In addition, MMI offers multi-chain custody and recently added support for liquid staking through Lido Finance. The introduction of this new market for institutionalized staking is expected to further expand the advanced offerings available to institutional users.

It will be interesting to see how this new market for institutionalized staking is received by the market and whether it will drive further adoption of decentralized finance (DeFi) among institutional players. Overall, this development represents another step forward in the growth and maturity of the DeFi ecosystem.

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