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Laszlo Szabo
Laszlo Szabo

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Staking is now available for Tangany customers, powered by Kiln

August 15, 2024
Staking is now available for Tangany customers, powered by Kiln< Blog
< Blog
Category

Partnerships

Posted by
Laszlo Szabo
Laszlo Szabo

Partnerships

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We are pleased to announce our latest partnership with Tangany, a leading regulated custodian. This strategic collaboration enables Tangany to offer secure and compliant staking services to its customers, leveraging Kiln's industry-leading infrastructure first on Ethereum, Solana, and Cardano.

"We are excited to support Tangany in offering staking services. This partnership aligns with our mission to make staking accessible, secure, and compliant for institutions." — Laszlo Szabo, Co-founder and CEO at Kiln.

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 Tangany choose Kiln?

As the enterprise-grade staking leader within the European market and the largest independent node operator on Ethereum worldwide, running over 4% of the network, Kiln is committed to supporting regulated institutions like Tangany.

This collaboration brings together a German-regulated custodian and Kiln to offer compliant staking services, expanding staking options in the region.

What Kiln products will Tangany use?

Tangany will leverage the following Kiln products:

Kiln Dashboard: A user-friendly interface to manage and monitor staking activities seamlessly.

Kiln Connect: A set of APIs that enables Tangany to integrate staking functionalities into its platform and generate detailed reports.

We are thrilled to partner with the leading competent European provider Kiln to bring staking services to our clients," said Martin Kreitmair, CEO at Tangany. "This aligns with our mission to provide secure, compliant and efficient digital asset solutions that meet the evolving needs of our partners."

About Tangany

Tangany is an innovative fintech company based in Munich and regulated by BaFin. Tangany offers a market-leading B2B solution for the custody of digital assets on blockchain protocols (e.g. cryptocurrencies, tokenised securities, NFTs). The solution is used by more than 60 institutional clients, including banks, trading platforms, industrial companies and fintechs.

Customers are enabled to use blockchain technology easily and reliably by integrating modern APIs into their systems. This white-labelled solution significantly reduces the cost and time of in-house development, enabling faster time-to-market and greater focus on proprietary products and services. Tangany's crypto custody license also covers regulatory requirements if necessary.

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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