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Laszlo Szabo
Laszlo Szabo

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Kiln and Cordial Systems partner to offer enterprise-grade staking

September 6, 2024
Kiln and Cordial Systems partner to offer enterprise-grade staking< Blog
< Blog
Category

Partnerships

Posted by
Laszlo Szabo
Laszlo Szabo

Partnerships

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We are thrilled to announce our latest partnership with Cordial Systems, a provider of institutional-grade self-custody software using a Zero Trust security model. This collaboration enables Cordial Systems to offer secure and convenient staking services to its customers, leveraging Kiln's robust infrastructure on Ethereum, Solana, and Cosmos blockchains.

Understanding the staking opportunity

In Proof-of-Stake blockchains, staking generates one of the safest and most predictable ways to get rewarded in the crypto space. It is the most natural reward feature in crypto as the value originates from the blockchain native currency inflation and a share of transaction fees. 

By staking, token holders can earn rewards and grow their digital asset holdings. Staking plays a crucial role in network security, governance, and contributes to the growth of the Web3 ecosystem as a whole.

Why did Cordial Systems choose Kiln?

As the enterprise-grade staking leader within the European market and the largest independent node operator on Ethereum worldwide, Kiln is committed to supporting innovative platforms like Cordial Systems.

This collaboration brings together an innovative digital asset management platform and Kiln to offer seamless staking services, expanding staking options for users.

"We are thrilled to support Cordial Systems in providing staking services. This partnership aligns with our mission to make staking accessible, secure, and seamless for institutions and users alike.— Laszlo Szabo, Co-Founder and CEO at Kiln

"Cordial Treasury now includes staking. All of our staking-related flows include clear-signing transactions and policy control features. We also extend our existing capabilities of being able to add wallet support for any blockchain in 1-2 weeks to also include staking support in that time with our best-in-class staking partners such as Kiln. These developments further solidify our position as the only wallet to keep up with the front office of the most demanding institutions in crypto.” — Sebastian Higgs, Co-founder and COO of Cordial Systems

What Kiln products will Cordial Systems use?

Cordial Systems has integrated Kiln Validators to allow their customers to stake their assets on Ethereum, Solana, and Cosmos blockchains, ensuring decentralization and maximizing rewards.

"Using Kiln's Validators allows us to offer our customers a secure and convenient staking experience, this partnership aligns with our mission to provide intuitive and efficient digital asset management solutions that meet the evolving needs of our users.— Sebastian Higgs, Co-founder and COO of Cordial Systems

We look forward to a successful collaboration with Cordial Systems and are excited to help their customers maximize their digital asset holdings through staking. Stay tuned for more updates on this partnership!

About Cordial Systems

Cordial Systems provides institutional-grade self-custody software utilizing a zero-trust security model. With a focus on security, flexibility, and innovation, Cordial Systems supports over 40+ blockchains, enabling institutions to securely manage and stake digital assets with advanced policy controls.


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 $8.6 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 certified.

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