BlackRock taps Galaxy Digital as validator for its staked Ethereum ETF
Summary
BlackRock has appointed Galaxy Digital as an approved validator for its iShares Staked Ethereum Trust ETF (ETHB), joining other institutional providers like Figment and Attestant. Launched to generate staking rewards for investors, the fund had managed over $435 million in assets as of April 8. Galaxy Digital brings significant experience to the role, managing $5 billion in staked assets across various networks and maintaining a robust infrastructure that integrates with major custodians.
(Source:Crypto Briefing)