Blockchain technology company BridgeTower Capital announced the launch of a turnkey onramp that connects financial institutions to Lido’s staking infrastructure, as well as a security token that allows institutional investors to participate in staking rewards on the Layer 1 blockchain Avalanche.

Through BridgeTower's compliant marketplace, institutional investors can complete their "KYC" process, have a delegated whitelisted wallet, and deposit their ETH directly into Lido's system. BridgeTower's integration with the Lido ecosystem is fully automated, allowing investors to leverage Lido's staking infrastructure in a regulatory-compliant manner. The blockchain technology company also offers a security token, a new product that allows purchasers to earn rewards tied to Avalanche’s staked AVAX tokens. By cooperating with Securitize (Securitize is a compliant platform for issuing digital asset securities), the security tokens provided by BridgeTower represent the pledged AVAX and are listed on compliant exchanges.

It is reported that BridgeTower Capital operates more than 8,000 validator nodes that use 100% renewable energy. By focusing on regulatory compliance, the institution is deepening its business in the encryption ecosystem.