Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol

Bitcoin.com | Sep 21, 2022 at 4:00 PM
  • On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol”.
  • Alluvial’s announcement detailed the protocol will be known as the “Liquid Collective” and the cryptocurrency exchange Kraken has joined as a foundation member.
  • The Liquid Collective’s enterprise-grade token will be called LSETH and KYC/AML will be standardized into the protocol.