Ethereum News Today: Everstake and io.finnet Launch Institutional Staking for Ethereum and Solana

Everstake, a leading non-custodial staking provider for institutional and retail clients, has partnered with io.finnet, a fintech firm leveraging multi-party computation (MPC) to bridge traditional finance and decentralized finance (DeFi), to offer institutional-grade staking solutions. The partnership introduces non-custodial staking on io.finnet’s platform, initially covering Ethereum and Solana, with plans to expand to 15+ Proof-of-Stake (PoS) assets. The integration embeds staking into existing MPC wallet workflows and API services, reducing operational complexity and enabling institutions to generate on-chain yield without compromising compliance, control, or scalability [1].

By embedding staking into existing MPC wallet workflows and API services, the integration aims to reduce operational complexity and enable institutions to generate on-chain yield without compromising compliance, control, or scalability. Jourdan Parkinson, Senior Business Development Manager at Everstake, noted that the partnership aligns with the company’s mission to provide institutional-grade staking infrastructure. Michael Cunningham, Head of Digital Assets at io.finnet, emphasized that staking represents a natural next step for institutions seeking to generate returns on digital assets, and the integration allows clients to do so with the same level of security and simplicity they expect from io.finnet [1].

The integration also marks a key expansion in Everstake’s institutional strategy, enhancing its presence in North America, Europe, and Asia—regions where io.finnet is growing rapidly. As demand for secure, scalable staking solutions increases, the partnership sets the stage for future integrations, including support for stablecoins and other high-potential PoS assets. Notably, Everstake also uses io.finnet to manage its own digital asset treasury, underscoring mutual trust in the platform’s MPC security and operational resilience [1].

Everstake supports over $6.5 billion in staked assets and 40,000+ active validators across 85+ PoS networks. Its infrastructure is backed by SOC 2 Type II and ISO 27001:2022 certifications, as well as GDPR compliance and regular smart contract audits. io.finnet, which serves over 1,500 institutional clients, offers a secure platform for managing digital assets, including an MPC-powered self-custody wallet and 24/7 fiat settlement. The platform is audited and holds SOC 2 Type II certification [1].

Together, Everstake and io.finnet aim to redefine how institutions stake digital assets by combining institutional-grade infrastructure with seamless integration and robust security protocols. The collaboration reflects the broader trend of institutional adoption of DeFi services, where the integration of traditional financial practices with blockchain technology is gaining momentum [1].

Source: [1] Everstake and io.finnet Deliver Institutional Staking for Ethereum, Solana, and Additional PoS Assets (https://www.dlnews.com/external/everstake-and-iofinnet-deliver-institutional-staking-for-ethereum-solana-and-additional-pos-assets/)