Dakota partners with Kiln to offer enhanced DeFi and staking rewards for Business Treasuries
< BlogDakota, the modern crypto-powered bank for businesses, has partnered with Kiln to enhance the reward potential for its customers through staking and decentralized finance (DeFi) solutions.
Alongside U.S. Treasury-backed assets, Dakota now enables customers to earn additional rewards on crypto and stablecoins through Kiln’s white-labeled DeFi and Kiln onchain staking integrations. Through Kiln Onchain, Dakota customers can stake any amount of Ethereum (ETH) and receive consistent rewards—one of the safest and most reliable reward sources in digital assets.
Beyond Ethereum staking, Dakota users can now earn rewards on stable assets through Kiln DeFi, which connects directly to major DeFi protocols such as Aave or Morpho, and more. This broad access to DeFi lending opportunities allows Dakota to offer tailored DeFi rewards for its business customers’ unique treasury needs.
With its combination of U.S. Treasury-backed assets, staking, and DeFi reward options, Dakota is the ideal platform for businesses to custody and generate rewards on their crypto-assets and more.
“At Dakota, we are committed to providing secure, straightforward reward solutions for our customers,” said Ryan Bozarth, CEO and Co-Founder of Dakota. “Kiln’s technology has enabled us to seamlessly integrate staking and DeFi, enhancing the yield potential for our users in a way that aligns with Dakota’s mission.”
About Dakota
At Dakota, we are on a mission to empower businesses by providing a global bank account that enables economic freedom.We make it easy to get all the perks of a global business bank account — at the speed of crypto. Send and receive USD from anywhere, no transaction fees, and deposits are fully secured by U.S. Treasuries.
About Kiln
Kiln is the leading staking and digital asset rewards management platform, enabling institutional customers to earn rewards on their digital assets, or to whitelabel earning functionality into their products. Kiln runs validators on all major PoS blockchains, with over $10 billion in crypto assets being programmatically staked and running over 4.5% of the Ethereum network on a multi-client, multi-cloud, and multi-region infrastructure. Kiln also provides a validator-agnostic suite of products for fully automated deployment of validators and reporting and commission management, enabling custodians, wallets, and exchanges to streamline staking or DeFi operations across providers. Kiln is SOC2 Type 2 compliant.
