CoinSwitch, India’s largest crypto platform chooses Kiln to power staking for 20+ million users
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< BlogCoinSwitch, India’s largest crypto platform with over 20 million users, is partnering with Kiln to bring staking rewards to its users.
Launched in 2017, CoinSwitch is designed to make crypto trading simple, secure, and seamless. Trusted by millions of Indian crypto enthusiasts, the platform is excited to announce this strategic partnership with Kiln, the leading institutional staking platform, to provide users with a more rewarding and secure experience.
This collaboration will enable CoinSwitch to integrate Kiln’s robust, high-performing staking infrastructure across 13+ proof-of-stake chains, starting with Ethereum (ETH), Solana (SOL), Cardano (ADA), and Polkadot (DOT). The partnership aims to provide a more diverse and secure staking experience for CoinSwitch users.
By leveraging Kiln’s enterprise-grade validators and intuitive dashboard, CoinSwitch can offer safer rewards. The unified solution integrates all major PoS protocols — including SDK integration, rewards data management, and staking infrastructure — making integration and management easy for the CoinSwitch tech team.
Why CoinSwitch chose Kiln
CoinSwitch selected Kiln for its institutional-grade performance and security, which made it the natural choice.
Key factors in the decision to partner with Kiln include:
- Leading Performance: Kiln validators consistently outperform network averages, allowing clients to maximize staking rewards. The latest ETH and SOL reports are available here.
- Enterprise-Grade Security: With SOC 2 Type II certification and a flawless record of zero slashing events, Kiln provides the highest level of security and reliability.
- Operational Efficiency: The Kiln Dashboard serves as a powerful back-office interface, enabling CoinSwitch’s operations team to deploy and manage validators efficiently while generating comprehensive client reports.
- Trusted by the Industry: Kiln is a trusted partner to leading global financial institutions and digital asset companies, including VanEck, Fireblocks, and Ledger.
“We are delighted to partner with Kiln to bring staking to our users. While choosing a partner, our priority was clear, combine strong performance with uncompromising security, so our community enjoys a safe and rewarding experience. Kiln’s proven track record and robust security framework made them the perfect choice for us,”— Ashish Singhal, Co-Founder, CoinSwitch.
“We are excited to join forces with CoinSwitch and expand Kiln’s presence in India. This partnership underscores the growing demand for rewards products and highlights how crucial they are for customer acquisition and retention in such a dynamic market.”— Laszlo Szabo, CEO of Kiln.
About CoinSwitch
Founded in 2017, CoinSwitch is India's largest crypto trading platform and a pioneer in shaping the country’s crypto ecosystem. With over 2 crore users, CoinSwitch operates a regulatory-compliant platform that simplifies and enhances crypto trading for both retail and professional investors.
Backed by global investors such as a16z, Coinbase Ventures, Ribbit Capital, Tiger Global, and Sequoia Capital India to the tune of $300 million, CoinSwitch offers 350+ coins on its platform. CoinSwitch is a PeepalCo product and is ISO/IEC 27001:2022 certified and Financial Intelligence Unit - India (FIU- IND) registered.
CoinSwitch is India's largest crypto platform with 2 Crore+ registered users. CoinSwitch was founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, and backed by blue-chip investors including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital India, Ribbit Capital, Paradigm, and Coinbase Ventures.
About Kiln
Kiln is the leading staking and digital asset rewards management platform, enabling businesses to earn rewards on their digital assets, or to white label earning functionality into their products. Kiln runs validators on all major PoS blockchains, with over $16 billion in digital assets being programmatically staked and running over 6% of the Ethereum network on a multi-client, multi-cloud, and multi-region infrastructure. Kiln also provides a validator-agnostic suite of products for fully automated deployment of validators and reporting and commission management, enabling custodians, wallets, and exchanges to streamline staking or DeFi operations across providers. Kiln is SOC2 Type II compliant.
About Kiln
Kiln is the leading staking and digital asset rewards management platform, enabling institutional customers to earn rewards on their digital assets, or to whitelabel earning functionality into their products. Kiln runs validators on all major PoS blockchains, with over $11 billion in crypto assets being programmatically staked and running over 5% of the Ethereum network on a multi-client, multi-cloud, and multi-region infrastructure. Kiln also provides a validator-agnostic suite of products for fully automated deployment of validators and reporting and commission management, enabling custodians, wallets, and exchanges to streamline staking or DeFi operations across providers. Kiln is SOC2 Type 2 certified.
