Zodia Custody and Blockdaemon partner on Ethereum staking solution
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Zodia Custody and Blockdaemon partner on Ethereum staking solution 07 June 2023US Reporter: Lucy Carter
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Zodia Custody and blockchain infrastructure platform Blockdaemon have partnered to offer an Ethereum staking service to institutional clients.
Through a Zodia account, clients will be able to generate securely staked rewards on Ethereum’s proof-of-stake blockchain.
The companies aim to raise industry standards and offer secure, responsible services, they say, with Ethereum’s use of a proof-of-stake blockchain providing a more sustainable approach to cryptocurrency.
Konstantin Richter, CEO and founder of Blockdaemon, says: “We are partnering with [Zodia] and supporting their institutional clients with our validator staking and node management. Closely collaborating with such a leader in this space is critical in providing high quality, reliable staking rewards to clients at an accelerated pace."
Julian Sawyer, CEO of Zodia Custody, adds: “This partnership with Blockdaemon is how we are evolving staking specifically for institutions. This is staking, without compromise. By leveraging Blockdaemon’s expertise, together we are not just meeting the needs of institutional investors, but also developing new opportunities for market participants to yield results.”
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