Liquidity pledge agreement Liquid Collective launched on Coinbase Prime and Bitcoin Suisse

It is reported that Liquid Collective, an enterprise-level liquidity pledge agreement, has been launched on Coinbase Prime and Bitcoin Suisse. This solution allows institutional customers to pledge ETH in exchange for the liquidity mortgage token LsETH, thus releasing liquidity for use in other DeFi agreements, while still obtaining mortgage rewards. （Theblock）

Interpretation of this information:

The recently launched Liquid Collective is an enterprise-level liquidity pledge agreement that enables institutional customers to pledge Ethereum (ETH) in exchange for liquidity mortgage token LsETH. This allows the customers to release liquidity for use in other DeFi agreements, while still obtaining mortgage rewards. The solution has been made available on Coinbase Prime and Bitcoin Suisse platforms, which are considered reliable cryptocurrency exchange platforms.

Institutional customers generally face challenges with their crypto liquidity, as most of their assets are illiquid, which restricts them from accessing their funds when needed. With the launch of Liquid Collective, institutional customers can now pledge their ETH in exchange for LsETH, which can be used for other DeFi agreements. This solution also provides an opportunity for mortgage rewards, providing customers with additional benefits.

Furthermore, the launch of Liquid Collective on Coinbase Prime and Bitcoin Suisse platforms is set to enhance the mass adoption of Ethereum and other cryptocurrencies in the institutional market. Also, it will be beneficial to the decentralized finance (DeFi) sector, which continues to expand at an exponential rate.

The keywords from this message are Liquid Collective, LsETH, and institutional customers. Liquid Collective is a newly launched enterprise-level liquidity pledge agreement, while LsETH is a liquidity mortgage token that institutional customers can obtain by pledging their ETH. Institutional customers refer to large companies or organizations that invest in cryptocurrencies, and they face challenges with liquidity.

In conclusion, Liquid Collective is a timely solution that addresses the liquidity problems of institutional customers. It enables them to pledge their Ethereum in exchange for LsETH, providing them with liquidity for other DeFi agreements while earning mortgage rewards. The launch of this solution on Coinbase Prime and Bitcoin Suisse platforms also signals a positive development for the cryptocurrency market, as it enhances the adoption of cryptocurrencies among institutional investors.