Kiln and BitGo partner to offer institutional-grade staking on ZetaChain from mainnet launch

Kiln and BitGo partner to offer institutional-grade staking on ZetaChain from mainnet launch

We are glad to unveil our latest partnership with BitGo, the leader in digital asset custody, to provide institutional-grade staking services for ZetaChain, with support from day 1 of mainnet.

ZetaChain ingenuity lies in its innovative approach to facilitating interoperability and multi-chain transactions within the blockchain framework. Through this partnership, Kiln and BitGo offer a secure and scalable staking work flow that is user-friendly, reliable and streamlined.

The collaboration with BitGo combines Kiln's operational excellence in institutional-grade staking infrastructure with BitGo's expertise in digital asset custody. 

By embedding Kiln's staking services within BitGo's custody solution, the partnership seeks to provide a secure and seamless staking flow for institutional involvement in blockchain networks.

Overall, the partnership aligns with Kiln's goal of evolving blockchain infrastructure and BitGo's mission of ensuring safe asset custody, as well as a common broader objective of offering institutions a dependable and efficient entry point into ZetaChain staking.

About Zetachain

Zetachain is an EVM-compatible L1 blockchain that connects everything. ZetaChain make it easy to build interoperable dApps that span any chain including Bitcoin. It facilitates cross-chain and cross-layer value transfer, message delivery, and smart contract calls — thus enabling for the first time omnichain dApps (odApps) which can leverage liquidity on multiple networks and read and update states on all connected networks.

Learn more about Zetachain.

About Bitgo

BitGo provides the most secure and scalable solutions for the digital asset economy, offering regulated custody, borrowing and lending, and core infrastructure to investors and builders alike.Founded in 2013 — the early days of crypto — BitGo pioneered the multi-signature wallet and later built TSS to improve upon other companies’ MPC offerings. Between multi-sig and TSS, BitGo offers the safest technology on the market and safeguards over 600 tokens across a wide variety of blockchains. Over the years, BitGo has expanded from offering wallets into providing a full-suite solution that lets clients hold assets safely and then put them to work. BitGo also processes approximately 20% of all global Bitcoin transactions by value.

About Kiln

Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake assets, and to whitelabel staking functionality into their offering. Kiln runs validators on all major PoS blockchains, with over $4b of stake under management and over 4% of the Ethereum network, running on a multi-cloud, multi-region infrastructure. Kiln also provides a validator-agnostic suite of products for fully automated deployment of validators, reporting and commission management, enabling custodians, wallets and exchanges to streamline staking operations across providers. Kiln is SOC2 Type 2 certified.

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