Tagged: staking

Crypto Bank: SEBA Bank Offers Ethereum Staking for Institutions

SEBA Bank, a Switzerland-based “crypto bank,” is now offering Ethereum staking for institutional investors. The announcement aligns with the MERGE – the event when Ethereum migrates from Proof of Work (PoW) to Proof of Stake (PoS). SEBA Bank is a regulated entity providing compliant access… Read More

New Digital Asset Staking Service Available via Gemini

The team at Gemini are pleased to announce the launch of Gemini Staking, which allows you to seamlessly “receive staking rewards in [their] Gemini account.” As of August 18, you may “start staking MATIC on the Polygon network.” Ethereum (ETH), Solana (SOL), Polkadot (DOT), and… Read More

Swell Network Integrates Chainlink Price Feeds and Proof of Reserve

Swell Network, a permissionless, non-custodial, and liquid ETH staking protocol, has integrated Chainlink Price Feeds on Ethereum. Swell Network is also “integrating Chainlink Proof of Reserve to help ensure that its liquid staking receipt token (LSRT) – Swell ETH (swETH) – is always fully backed… Read More

Sygnum Bank Expands “Bank-Grade” Staking with Cardano (ADA)

Sygnum Bank announces that it has expanded its bank-grade staking offering with Cardano (ADA), the eighth-largest protocol by market cap (at the time of writing). Clients can “conveniently and securely stake Cardano through Sygnum’s institutional-grade banking platform to generate staking rewards.” Cardano (ADA) joins Sygnum’s… Read More

Coinbase Prime Expands Staking Offering with Ethereum (ETH)

Aaron Schnarch, Vp of Product, Custody at Coinbase (NASDAQ:COIN), explains that Coinbase Prime provides institutions “with an end-to-end staking experience.” Clients can “create a wallet, decide how much to stake, and initiate staking from the ETH asset page on their Coinbase Prime account.” Securing client funds… Read More

Digital Assets: Philcoin Staking Now Live

Philcoin’s staking rewards are now live. Philcoin is described as “a philanthropic blockchain movement.” Philanthropy and giving back have been “built into the very fabric of [their] company — from [their] business model, to [their] culture, technology and community rewards.” Their staking mechanism is “the… Read More

Swell Network Enables Liquid Ethereum (ETH) Staking via InfStones Collab

Swell Network, a permissionless, non-custodial, and liquid Ethereum (ETH) staking protocol, announced a partnership with InfStones, a blockchain infrastructure provider, “to enable greater flexibility, transparency, and yield in ETH liquid staking.” Swell is reportedly the first protocol that “allows stakers to select the node operator… Read More

CoinShares Enhances Staked ETP Lineup with Algorand Launch

CoinShares (Nasdaq First North Growth Market: CS; US OTCQX: CNSRF), which claims to be Europe’s largest digital asset investment firm with $1.5 billion in AUM, has announced the listing of their physically-backed staked Algorand ETP on Germany’s primary market Xetra. CoinShares Physical Staked Algorand (Ticker:… Read More

Rome Blockchain Labs Joins Alluvial to Offer Avalanche (AVAX) Liquid Staking

Rome Blockchain Labs, the organization behind BENQI’s Liquid Staking protocol on Avalanche, recently announced a collaboration with Alluvial and the founders of BENQI “to build a compliant, enterprise-grade Avalanche (AVAX) liquid staking product.” This collaboration “offers institutions a secure AVAX staking option while participating in… Read More

SIX Digital Exchange Introduces SDX Web3 Services

SDX Web3 Services,  the new service portfolio from SIX Digital Exchange (SDX),  is a range of offerings for institutional clients. SDX Web3 Services will aim to support the secure adoption by financial institutions of the next iteration of the World Wide Web, one that’s based… Read More

Bitstamp Launches Earn Product in the United States

Crypto exchange Bitstamp recently announced the launch of its Earn product in the United States. For the “first” time, Bitstamp is offering its U.S. retail and institutional customers the ability “to participate in staking through its secure, regulated platform, earning up to 5% yield compared… Read More

Permission.io Set to Migrate to Polygon Network to Scale Web 3.0 Advertising

Permission.io, which claims to be the “leading” provider of permission-based Web3 advertising, announced that it’s migrating away from its own proprietary blockchain to Polygon, the “preeminent” Ethereum scaling solution with over 100 million “unique users.” The migration is the company’s first in “a series of… Read More

Blockdaemon Adds Investors Citi Ventures, Salesforce Ventures, Telstra Ventures, Invicta Growth

Blockdaemon, which claims to be the largest institutional-grade blockchain infrastructure company for node management and staking, announced that it has added four new investors: Citi Ventures, Salesforce Ventures, Telstra Ventures, and Invicta Growth as it “continues its high-velocity growth powering the blockchain economy.” The firm… Read More

Crypto Staking Platform RockX Finalizes $6M Funding Round

RockX, one of Asia’s largest crypto staking providers, announced the completion of its $6 million Series A funding round. The investment round was led by Amber Group, a global digital asset platform, and was joined by other prominent crypto industry leaders “including Matrixport, Primitive Ventures,… Read More

Decentralized Metaverse vEmpire Introduces Staking Pool for ApeCoin

  vEmpire DDAO, which claims to be the largest decentralized Metaverse, GameFi and NFT investment organization, has announced the launch of a staking pool for ApeCoin. ApeCoin is an ERC-20 governance and utility token used “within the wider Ape ecosystem, which has itself experienced [steady]… Read More

Kraken Adds Staking, Trading for MINA Token for US, Canada, Australia Clients

Following digital asset firm Kraken’s listing and staking of MINA tokens for most nations, the firm is pleased to confirm the availability of Mina trading and staking “with up to 20% in yearly rewards for residents of the USA, Canada and Australia.” Funding and Trading… Read More

Cross-Chain Staking Platform Stader Labs Closes CoinList Sale, Securing $23M from 40,000 Wallets

Cross-chain staking platform Stader Labs has reportedly finalized its CoinList sale, securing $23 million from 40,000 digital wallets. This brings the total acquired by the firm to $40 million from public and private sales. As noted in an update shared with CI, the level of… Read More

Cardano based Ravendex Prepares for New Exchange Listing, Set to Launch NFT Staking Platform

Ravendex, a fast-growing project built on the Cardano ecosystem, recently confirmed the listing announcement of $RAVE token on another digital currency exchange. RAVE token users are now able to buy and sell Rave tokens via the new exchange. Rave token is also tradable on Bitmart,… Read More

Neeraj Khandelwal: Co-founder at CoinDCX Reveals How Platform Built Staking Capabilities for ETH 2.0

We recently connected with Neeraj Khandelwal, Co-founder of CoinDCX, one of India’s largest digital asset exchanges. As covered in August 2021, CoinDCX turned into India’s first crypto unicorn following a $90 million investment round led by Facebook Inc. co-founder Eduardo Saverin and B Capital Group… Read More

Digital Asset Staking Could Become More Accessible to Consumers Who are Not Crypto or Tech-Savvy: Report

Digital asset firm Kraken notes that generating passive rewards on your money in traditional finance is not so rewarding these days. However, crypto provides participants “a novel opportunity to receive rewards through a process known as staking.” As participation in Proof-of-Stake networks increases and users… Read More

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