EEA Deploys ETH Treasury via Lido stETH for Liquid Staking After Treasure Global Launch

The Enterprise Ethereum Alliance (EEA) deployed part of its institutional treasury through Lido on May 8, acquiring stETH to enable liquid staking that bypasses 56-day entry and 7-day exit queues while maintaining liquidity via custodians like BitGo, Fireblocks, and Copper. This follows Treasure Global's (NASDAQ: TGL) May 7 announcement of an Ethereum Digital Asset Treasury, with an initial ~$176,000 ETH deposit custodied by BitGo and potential scaling to $100 million (~45,700 ETH at $2,185). These moves highlight accelerating institutional adoption of ETH for treasuries, DeFi, and staking yields, potentially boosting on-chain demand.