Lido V3 Expands Institutional Ethereum Staking With Luganodes stVaults

The article says Lido V3 has expanded its institutional Ethereum staking infrastructure through Luganodes’ integration and launch of Ethereum staking vaults using Lido’s new stVaults primitive. The setup is aimed at institutions that need more control over validator selection, risk settings, fees, reporting, and compliance while still retaining access to the liquidity benefits of stETH. The piece frames this as part of Ethereum staking’s evolution from a retail-focused yield product into a more modular, institution-friendly market. Market impact is mildly positive for ETH and for the institutional staking ecosystem, as it signals continued maturation of Ethereum’s staking stack and broader adoption potential among asset managers, ETP issuers, and corporate treasuries.