Blockdaemon Blog

Zodia Custody & Blockdaemon: The Ultimate Institutional Ethereum Staking Solution

Daemon News
Jun 6, 2023
By:
Conor
Keville
&
Together, Blockdaemon and Zodia Custody are launching an Ethereum staking service tailored for institutional clients.

At Blockdaemon, we're excited to announce our partnership with Zodia Custody, a leader in providing secure, institutional-grade cryptocurrency custody services, and the first bank owned FCA registered custodian to provide staking services from a cold custody vault.

Want to hear more about how Blockdaemon can help you with your Blockchain journey? Contact us today to chat more about our blockchain solutions, or read on to get a closer look at what’s new.

Together, we're launching an Ethereum staking service tailored for institutional clients, taking a substantial step in shaping the future of the institutional Proof-of-Stake (PoS) blockchain industry.

The Rising Tide of Proof-of-Stake

Proof-of-Stake (PoS) represents a significant portion of the blockchain industry. As institutional interest grows, the demand for innovative and secure solutions is paramount. In stepping up to this challenge, Zodia Custody leverages its connection with financial heavyweights like Standard Chartered and Northern Trust.

Their proven custodial methodology is combined with fintech agility to create a platform that delivers staking rewards through innovative solutions.

Partnership with a Shared Vision

Our collaboration with Zodia Custody is a significant milestone. Blockdaemon is a recognized leader in blockchain node infrastructure.

Konstantin Richter, CEO and Founder of Blockdaemon, shared his enthusiasm for the partnership, noting the importance of collaboration in accelerating reliable staking rewards for clients.

Zodia is pioneering the development of digital asset infrastructure, and we are thrilled to partner with them by supporting their institutional clients with our validator staking and node management,” said Konstantin Richter, CEO and Founder of Blockdaemon. "Closely collaborating with such a leader in this space is critical in providing high quality, reliable staking rewards to clients at an accelerated pace."

“This partnership with Blockdaemon is how we are evolving staking specifically for institutions. This is staking, without compromise,” said Julian Sawyer, CEO of Zodia Custody. “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.”

What are the benefits?

This partnership offers multiple advantages to clients.

Ethereum, the world's largest Proof-of-Stake blockchain, serves as the backbone of the new staking solution. Zodia's partnership with Blockdaemon enables clients to secure rewards from Ethereum's innovative PoS blockchain.

Security and reliability are at the heart of Zodia's services. It retains full control over its clients' funds, offering an assurance level its clients have come to trust. Meanwhile, Blockdaemon ensures it never holds digital assets on behalf of a custodian. Integration for staking is easy and fast. Both Zodia and Blockdaemon offer a seamless, rapid integration process to help clients secure staking rewards quickly. All that is required to start is the creation of a custody account with Zodia.

Why Choose Blockdaemon and Zodia Custody?

The duo of Blockdaemon and Zodia Custody presents a compelling case for those seeking secure, compliant, and efficient institutional staking experiences on the Ethereum network.

With Blockdaemon's proven expertise in running blockchain nodes and staking validators, and Zodia's mastery of custody services, they provide a robust and resilient solution for institutions.

To ensure top-tier service, both Zodia Custody and Blockdaemon commit to the highest industry standards. Blockdaemon, backed by its ISO 27001 certification, guarantees 24/7 monitoring, uptime, and a comprehensive slashing insurance that gives you peace of mind.

The partnership underscores the mission of both Zodia and Blockdaemon to raise industry standards, offering sustainable, secure, and responsible digital asset infrastructure. Together, Zodia and Blockdaemon are truly unlocking the full potential of institutional Ethereum staking.

For a rewarding, secure, and efficient staking experience, opt for Ethereum staking powered by Blockdaemon and Zodia Custody. Keep an eye out for more updates as we continue to innovate in the institutional cryptocurrency staking sphere.

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