Kiln and Zodia Custody partner to offer institutional staking on TON and other major PoS blockchains
< BlogWe are excited to announce a strategic partnership between Kiln and Zodia Custody to provide enterprise-grade staking services for institutional clients. Through this collaboration, Zodia Custody’s clients can now securely stake TON and other major Proof-of-Stake (PoS) assets including ETH, DOT, ADA, BNB with more protocols planned for future integration. This partnership opens up new staking opportunities while allowing institutional investors to play a key role in securing these networks and earning staking rewards.
Zodia Custody, a leading digital asset custodian incubated by Standard Chartered, is dedicated to providing institutional-grade solutions for digital asset management. With a strong focus on security, Zodia works with top financial institutions. By distributing staking activities across multiple validators including Kiln, Zodia mitigates risks associated with individual validator performance, while enabling its clients optionality to optimize their staking experience and rewards potential. Kiln's proven track record and exceptional performance in the staking ecosystem helped us pass Zodia Custody's stringent technical audits, earning us a spot as one of their trusted staking providers.
The staking opportunity
Staking cryptocurrencies involves locking native digital assets within a PoS blockchain to help secure the network and earn rewards. These rewards are typically derived from the blockchain's native currency inflation and a share of transaction fees. Staking is becoming an increasingly popular strategy for institutional investors, allowing them to put their digital assets to work while supporting network decentralization.
“As demand for staking services continues to surge, we are committed to providing our clients with comprehensive and efficient institutional solutions. Our partnership with Kiln enables us to expand our staking asset coverage, and empower our clients to execute their digital asset strategies with the utmost confidence,” said Julian Sawyer, CEO of Zodia Custody.
Why staking with Zodia Custody and Kiln?
This partnership allows institutional clients to benefit from Kiln’s enterprise-grade staking services while leveraging Zodia Custody’s secure, user-friendly platform. Kiln operates as a non-custodial staking provider, meaning it never has access to users’ funds. This model ensures that assets remain under the clients full control secured through Zodia Custody. Kiln is SOC2 Type 2 compliant and adheres to the highest security standards with industry-leading SLAs, providing our clients with peace of mind and operational excellence.
How does it work?
Staking with Zodia Custody is easy and reliable. Clients can begin staking their assets with just a few clicks, and start earning rewards right away, while also benefiting from Kiln’s robust infrastructure. Here’s how it works:
- Log in to your Zodia Custody account.
- Select the asset you want to stake.
- Choose the amount you want to stake.
- Click on the “Stake” button — and you’re done!
Track your rewards immediately after your delegation is confirmed on the blockchain through your Zodia Custody dashboard.
This seamless process ensures that users can easily stake and manage their assets while benefiting from the highest levels of security and uptime.
About Zodia Custody
Zodia Custody is the leading institution-first digital asset custodian by Standard Chartered, in association with Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. It enables institutional investors around the globe to realise the full potential of the digital asset future – simply, safely, and without compromise. It is a global custodian with registrations with the FCA in the UK, the CBI in Ireland, the CSSF in Luxembourg and the Registry for Trust and Company Service Providers. Through the combination of leading technology, custody, governance and compliance, Zodia Custody satisfies the complex needs of institutional investors.
For more information, visit www.zodia-custody.com
About Kiln
Kiln is the leading digital asset rewards management platform, enabling businesses to earn rewards on their digital assets, or to whitelabel earning functionality into their products. Our platform is API-first and enables fully automated validators, rewards, and data and commission management. With over $13 billion crypto assets being programmatically staked, Kiln has a particularly strong track record on Ethereum as we run about 4.3% of the network; this includes 50,000+ active validators with 0 slashing events. Kiln is SOC 2 Type 2 compliant.
For more information, visit www.kiln.fi
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