Wintermute Debuts Lido Staked ETH (StETH) As Collateral For OTC Trading

The leading crypto firm Wintermute has rolled out Lido Staked Ethereum (stETH) as collateral for OTC trading. This move marks a major milestone for the crypto market, with discussions soaring as the crypto can now be used outside of decentralized finance (DeFi). The firm wants to maximize capital efficacy by introducing crypto to its multi-currency collateral support.