Lido plans to invest $60 million to expand its stablecoin revenue business

According to official sources, Lido's budget proposal for 2026 is expected to invest $60 million to transform from a single product to a diversified product portfolio, targeting institutional clients and expanding the stablecoin revenue business. The proposal states that stablecoins and other asset class related products will be developed to create new revenue streams and ensure the long-term resilience of the agreement.
According to Dune Analytics, Lido currently has a 28% market share in the Ethereum staking market and manages more than 9.80 million ETH (worth about $34 billion).