We are thrilled to announce that Kiln has partnered with Rakkar Digital, one of Asia’s leading digital asset custodians. As a vetted partner, Rakkar’s institutional customers can now benefit from enterprise-grade staking without security compromise with its native integration on Rakkar’s custody platform on all major Proof-of-Stake (PoS) blockchains.
As a result, Rakkar Digital’s institutional clients can now seamlessly participate in the security of PoS blockchains and earn staking rewards, direct from Rakkar Custody. The service launches with support for Solana and Ethereum staking, with additional protocols, including emerging ones, to follow in the near future.
The staking opportunity
Staking is one of the safest and most predictable ways to get rewarded in the crypto space, as the value originates from the blockchain’s native currency inflation. By helping secure blockchain networks by staking the underlying asset, stakers earn rewards.
Financial institutions and digital asset owners use staking to safely optimize the return of their treasuries and can get detailed oversight of the rewards thanks to Kiln’s reporting capabilities.
"Teaming up with Kiln perfectly aligns with our goal to provide top-tier digital asset services beyond custody. This partnership not only strengthens our custodian solution but also meets the needs of our institutional clients, providing a seamless and secure experience that empowers their businesses.” — Arthit Sriumporn, Founder and CEO at Rakkar Digital
"Joining Rakkar Digital’s partner network is a significant milestone for Kiln. We are thrilled to offer enterprise-grade staking to Rakkar Digital institutional customers, providing secure and accessible staking solutions in the APAC region.” — Laszlo Szabo, Co-Founder and CEO at Kiln
Why stake with Rakkar Digital and Kiln?
This partnership combines Rakkar Digital and Kiln expertise in digital asset custody and enterprise-grade staking making it the ideal solution for custodying and growing a wide range of digital assets.
In addition, both companies have high security standards including SOC2 Type II certification.
About Rakkar Digital
Rakkar stands as Asia's leading qualified digital asset custodian, offering unparalleled asset security to financial institutions. Fortified by our strategic backing from SCB 10X, the venture arm of the Siam Commercial Bank, Rakkar employs industry-leading, bank-caliber security measures, compliance frameworks and operational agility. Founded in 2022 and belting esteemed security excellence certifications and attestations such as ISO 27001, SOC 1 Type 1 and SOC 2 Type 1 & 2, Rakkar remains unwavering in its mission to offer the most secure, institutional-grade custodian services across Asia.
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% 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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