Summary:
- Everstake partners with Zodia Custody to provide institutional staking services.
- The collaboration offers staking support for various Proof-of-Stake networks.
- The partnership addresses key barriers in institutional staking with secure infrastructure and compliance standards.
Article:
Everstake, a renowned global non-custodial staking provider, has recently announced a strategic partnership with Zodia Custody, a leading institutional digital asset custodian backed by major financial institutions. This collaboration aims to offer institutional staking services to clients, catering to the growing demand for secure and compliant staking solutions in the digital asset space.
To meet the expectations of institutional clients, Zodia is introducing staking services in partnership with Everstake. The initial phase of this partnership focuses on supporting staking for networks like Polkadot, Cardano, and Solana, with plans to expand to Ethereum, NEAR Protocol, and Babylon in the near future. By leveraging Everstake’s validator infrastructure, Zodia aims to provide a seamless staking experience for its clients across multiple PoS networks.
Institutional adoption of staking is on the rise, but challenges such as slashing risk, compliance, and infrastructure reliability remain significant barriers. The partnership between Everstake and Zodia addresses these challenges by combining Zodia’s secure custody platform with Everstake’s institutional-grade validator infrastructure. With certifications like ISO/IEC 27001:2022, SOC 2 Type 2, and GDPR compliance, the collaboration offers a robust and compliant staking solution for institutions.
By integrating directly into Zodia’s custody platform, Everstake enables staking without compromising custody, ensuring that client assets remain secure and under full oversight. This innovative approach allows clients to stake assets like SOL and NEAR directly from custody, providing a level of control and governance that meets institutional standards.
Julian Sawyer, CEO of Zodia Custody, emphasized the importance of security and compliance for institutional clients, stating, "Institutions are looking for ways to put their digital assets to work without compromising on security or compliance." Similarly, Bohdan Opryshko, co-founder and COO of Everstake, highlighted the role of staking in institutional adoption, stating, "We believe staking will underpin the next wave of institutional adoption in digital assets."
In conclusion, the partnership between Everstake and Zodia Custody represents a significant step towards providing secure, compliant, and scalable staking solutions for institutional clients. With a focus on infrastructure reliability, compliance, and institutional-grade security, this collaboration sets a new standard for staking services in the digital asset industry. For institutions seeking a reliable and secure staking solution, the partnership between Everstake and Zodia Custody offers a compelling option to meet their needs effectively.
