RIADeFi

Lido approves Attestant's continued operation under Bitwise ownership

The Ledger · · Ketju Research

Approved, not executedConfirmed evidence

Affects: Lido (protocol)

What happened

Lido voters approved allowing Attestant BVI Limited to continue operating in the Ethereum Curated Module after its acquisition by Bitwise.

What changed

The governance decision accepted Bitwise as Attestant's new ultimate owner without requiring validator exit or operator removal.

What did not change

Attestant and Bitwise stated that the team, bare-metal deployment, geography, jurisdiction, organizational structure, registry address, and validator operations would remain unchanged.

Confirmed

  • The official forum reports 56.8 million LDO for continuation and 86.04 LDO against.
  • Attestant's ultimate ownership changed to Bitwise before the January ratification vote.
  • The operator stated that its team and infrastructure would remain intact.
  • Bitwise stated that it did not control another Lido node operator at the time of review.

Still open

  • Whether ownership later creates operator concentration or conflicts not present at the vote.
  • Whether the registry name, reward address, team, infrastructure, jurisdiction, or operating model subsequently changes.
  • Post-transition performance and compliance with Curated Module requirements.

What it means for an advisor

  • Update Lido's node-operator ownership map to show Bitwise control of Attestant.
  • Continue monitoring operator concentration, registry state, infrastructure, and performance; the approval does not establish that acquisition risk is immaterial indefinitely.

Sources

  1. Attestant Joins Bitwise · Lido Governance Forum ·

Version 1, published . We check this event again on . Educational research, not investment advice.