"Thrilled to welcome @FireblocksHQ to Liquid Collective. Fireblocks now offers direct access to LsETH - bringing capital-efficient and enterprise-grade staking to 2,000+ institutions," Mara Schmiedt, CEO of Alluvial, a team supporting Liquid Collective's development, stated in a recent tweet. This collaboration marks a significant expansion of institutional access to liquid Ethereum staking within the digital asset ecosystem.
Fireblocks, a prominent digital asset infrastructure company serving over 2,000 institutional clients globally, has officially joined Liquid Collective as a platform. This integration empowers Fireblocks' extensive client base, which includes asset managers, custodians, and banks, to directly stake Ethereum (ETH) and mint LsETH from their existing Fireblocks staking dashboards. The move directly addresses the escalating demand for secure and compliant avenues for large entities to engage with the Ethereum proof-of-stake network.
LsETH, or Liquid Staked ETH, is a liquid staking token designed to represent staked ETH along with its accrued network rewards, while simultaneously providing essential liquidity. Liquid Collective emphasizes that LsETH offers institutional-grade security, comprehensive built-in slashing coverage, and automated compounding of ETH network rewards. This innovative solution enables institutions to reap the benefits of Ethereum staking without the traditional capital lock-up, thereby maintaining vital flexibility for other financial operations.
This partnership holds considerable strategic importance amidst a period of surging institutional interest in blockchain and staking, with Ethereum staking volumes reaching a record 35 million ETH by late June 2025. Ezra Solomon, Corporate Strategy Manager at Fireblocks, underscored the company's commitment to "delivering institutional access to best-in-class digital asset solutions." The integration provides crucial infrastructure, streamlining participation for sophisticated entities seeking compliant and efficient staking opportunities.
Evan Weiss, COO of Alluvial, expressed optimism regarding the collaboration, noting, "Fireblocks joins a growing group of industry leaders working together to bring secure, scalable liquid staking to Fireblocks customers worldwide." The partnership is poised to standardize and broaden institutional engagement with decentralized finance (DeFi) opportunities, aligning with Liquid Collective's overarching mission to cater to enterprise requirements through a rigorously compliance-focused framework.