Schlagwort: crypto business

• Lido is integrating Chainlink’s interoperability standard to power wrapped Staked Ether (wstETH) transfers.
• The Chainlink cross-chain interoperability protocol (CCIP) is now the official cross-chain infrastructure for wstETH.
• wstETH will implement CCIP on supported chains in stages.

Lido, a leading liquid staking protocol on Ethereum, has announced a strategic partnership with Chainlink. 

The protocol has adopted the oracle network’s Cross-Chain Interoperability Protocol (CCIP) as the official infrastructure for securing all cross-chain transfers of the Lido wrapped staked Ether (wstETH) token. 

Integration comes after the Lido DAO community approved the partnership via snapshot voting. 

Key details of the Lido and Chainlink partnership

According to details, the partnership leverages the Cross-Chain Token (CCT) standard to power wstETH transfers. 

It means all future cross-chain operations for wstETH will route through CCIP, replacing native bridges and third-party providers. Chainlink plans to implement this integration progressively across Lido’s 16 supported chains, which include Arbitrum, Base and Linea.

As well as that, there are early deployments on emerging networks, including Plasma, Monad, Ink, and 0G. 

Key benefits and strategic impact

Adopting CCIP unlocks multiple advantages for wstETH holders and DeFi builders. 

CCIP builds on Chainlink’s proven decentralized oracle network that secures over $100 billion in DeFi total value locked.

For wstETH, CCT enables self-serve token deployments, complete DAO ownership of contracts, and programmable features. 

For instance, future-proof expansion supports permissionless onboarding to most top blockchains, while  layered defenses add to security.

Already, Lido’s previous Chainlink integrations, including Data Feeds, power stETH/wstETH adoption across protocols like Aave. 

Lido’s move expands on these features. 

Jakov Buratovic, Master of DeFi at Lido, commented on the integration.

“For stakers, the ability to move assets quickly across the ecosystem is essential for seizing opportunities, rebalancing liquidity, and managing their staked ETH efficiently. By adopting Chainlink CCIP as the official cross-chain standard for wstETH, we’re giving users and builders a standardized, secure way to move wstETH across chains,” Buratovic said.

This partnership positions Lido for greater competitiveness in evolving markets.

Johann Eid, chief business officer at Chainlink Labs, also holds a similar view.

“This integration is set to significantly expand access to wstETH across DeFi, with cross-chain flows secured by Chainlink’s defense-in-depth architecture.”

Lido DAO price outlook

Lido DAO (LDO), the governance token of the Lido liquid-staking protocol, has gained about 5% in the past 24 hours. 

The LDO token gives holders the chance to vote on key protocol decisions such as validator onboarding and protocol upgrades.

The token traded around $0.76, up on the day but still well in the red over the past week and month. However, the token has bounced more than 133% from the all-time lows of $0.3278 reached on October 11, 2025. 

If bulls show resilience amid DeFi resurgence, they could retest the $1 mark.

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• Ripple has raised $500 million in new funding round, at a $40 billion valuation.
• Strategic investment signals strong confidence in XRP and Ripple USD stablecoin.
• Momentum has seen Ripple close mega deals in 2025.

Ripple, the enterprise blockchain leader in cross-border payments, has secured a landmark $500 million strategic investment, with its valuation at $40 billion.

Led by global investment giants Fortress Investment Group and Citadel Securities, the raise signals investor confidence in Ripple and its expanding role in global finance.

Ripple raises $500 million funding round

On Wednesday, November 5, 2025, as the crypto market grappled with sell-off pressure, Ripple delivered one of the biggest news .

The company announced it had secured $500 million in fresh funding, with the financing round valuing it at $40 billion.

Apart from Fortress Investment Group and Citadel Securities, participation attracted Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

Overall, this is a funding move that marks one of the largest private financings in the blockchain sector this year.

The raise comes after Ripple’s recent $1 billion tender offer at the same valuation.

Meanwhile, it’s a move that caps what the firm and its leadership have described as the crypto industry giant’s strongest year on record.

Brad Garlinghouse, the chief executive officer of Ripple, described the funding as validation of Ripple’s long-term vision.

“This investment reflects both Ripple’s incredible momentum, and further validation of the market opportunity we’re aggressively pursuing by some of the most trusted financial institutions in the world,” he noted. “We started in 2012 with one use case – payments – and have expanded that success into custody, stablecoins, prime brokerage and corporate treasury, leveraging digital assets like XRP. Today, Ripple stands as the partner for institutions looking to access crypto and blockchain.”

Ripple will tap into the new capital to support key platfom initiatives.

These will include product development, global regulatory engagement, and expansion of Ripple’s liquidity solutions.

Also on card are the company’s stablecoin initiative and custody services.

Ripple continues mega growth trajectory

The capital injection arrives amid a banner stretch for Ripple.

Payment volumes on the XRP Ledger have surged, as has adoption for the firm’s regulated stablecoin, Ripple USD (RLUSD).

Indeed, RLUSD recently surged past a $1 billion market cap.

Elsewhere, Ripple Prime, the institutional brokerage arm born from the acquisition of Hidden Road, is live.

These are only a few of the many milestones in Ripple’s transformation from a remittance-focused startup to a full-stack financial-technology provider.

In the past few months, the company has closed multiple deals, including those valued at $1 billion.

October’s purchase of GTreasury came after the earlier acquisition of Rail as Ripple looked to fortify its stablecoin footprint.

The company has also expanded its US presence with a New York trust charter earlier this year, enabling regulated custody and payment services.

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