Some traditional financial institutions have maintained a cautious stance toward staking due to existing risks. Jordan Knecht mentioned that a new generation of insurance-backed staking product, CESR, is changing this landscape by offering more stable yields, reducing risks, and attracting institutional investment.
Polygon Labs and Katana, a decentralized finance network incubated by GSR, have acquired decentralized exchange IDEX to support its new product Katana Perps. IDEX will become a core component of Katana Perps, providing high-performance matching engine and on-chain settlement capabilities.