The embedded wallet ecosystem is growing rapidly across consumer and institutional applications. Today, we're announcing that Kiln is partnering with Turnkey to bring Ethereum staking and DeFi yield opportunities directly to developers building on Turnkey's embedded wallet infrastructure.
Embedded wallets everywhere
Turnkey provides the infrastructure that lets any application integrate wallet functionality without building key management from scratch. Their hardware-backed architecture handles secure transaction signing at scale, powering wallet operations for clients like Polymarket, Magic Eden, and Bridge.
This embedded wallet infrastructure is enabling a new generation of crypto applications. Instead of users accessing third-party dApps through traditional DeFi wallets, they interact with crypto directly through specialized apps: prediction markets, perps platforms, and gamified applications all have built-in wallet functionality. Some developers are building dedicated yield-focused products, while others want to add yield features to their existing apps to capture users and create new revenue streams.
These applications are sitting on massive amounts of idle capital. User balances typically just sit there earning nothing while users aren't actively transacting. But integrating yield functionality can be complex and resource-intensive.
Why yield integration is hard
This operational overhead keeps sophisticated yield strategies out of reach for most development teams, even though the opportunity is massive. Traditionally, adding yield means integrating with each DeFi protocol separately, maintaining complex upgrade cycles, negotiating individual revenue arrangements, and building custom reporting infrastructure.
For most developers, this isn't the core proposition, and the amount of resources required to integrate and support the yield stack isn't justified. However, as competition rises, users are increasingly chasing opportunities to maximize their capital efficiency, and for developers, it could be a chance to build stickiness around their product and monetize idle balances with no extra overhead.
This is exactly why Kiln built a unified yield infrastructure that handles all the complexity. Instead of developers integrating with dozens of protocols individually, Kiln provides a single API that abstracts away all the operational overhead while delivering institutional-grade yield strategies.
Kiln – the ultimate yield toolkit for developers
ETH Dedicated Staking: Institutional-grade validators delivering consistent rewards, with Kiln operating over 5.3% of the Ethereum network since Proof-of-Stake.
DeFi & Stablecoin Vaults: Battle-tested earning vaults across Aave, Compound, and Morpho, with protocol maintenance and new integrations handled by Kiln's team.
Enterprise operations: Complete compliance reporting, white-label deployment, and onchain monetization tools.
Since launching in 2024, Kiln DeFi has attracted over $380M in total value locked, powering yield for Trust Wallet, Ledger, Safe, Bitpanda, Crypto.com, and others.
Yield integration compatible with Turnkey infrastructure
Developers can embed yield functionality directly through Turnkey's existing infrastructure using Kiln's widget and API – the same solution trusted by Safe and other industry leaders. The integration supports rapid deployment for immediate functionality or comprehensive API access for custom interfaces.
Whether you're building simple savings features or sophisticated multi-strategy platforms, the combined solution scales to millions of users while maintaining institutional-grade security.
Making yield accessible
Rather than forcing developers to integrate dozens of protocols individually, Kiln provides a single interface for ready-to-use yield vaults. Our recent swap+deposit functionality and upcoming automated rebalancing features make yield generation as straightforward as any other API integration.
This lets developers focus on their core product while giving users the financial tools they expect from modern crypto applications.
About Kiln
Kiln is the leading yield management platform, enabling institutional customers to earn yield 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 more than 5% of the Ethereum network on a multi-client, multi-cloud, and multi-region infrastructure. Additionally, Kiln's DeFi infrastructure powers over $380M in total value locked across major protocols including Aave, Compound, and Morpho.
Clients of Kiln also enjoy 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 Turnkey
Turnkey provides secure, scalable, and programmable crypto infrastructure for embedded wallets and onchain transaction automation. Our platform enables teams to deliver low-latency, fully verifiable wallet experiences with complete UX ownership, robust security, flexible custodial and non-custodial setups, and enterprise-grade policy controls. With investments from Bain Capital Crypto, Sequoia, Galaxy Ventures, Lightspeed Faction, Coinbase Ventures, Alchemy and more, Turnkey currently powers leading innovators, including Bridge (a Stripe company), World, Moonshot, Infinex, Mural Pay, Polymarket, Phantom, and Magic Eden. To learn more, visit www.turnkey.com or @turnkeyhq.
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.