Uphold selects Kiln to power staking rewards for millions of clients, starting with XDC
< BlogUphold is a multi-asset venue where more than 10 million users across 140+ countries can hold and trade crypto, national currencies, precious metals, and US equities in a single account, and move between them directly. Beyond its own app, Uphold runs a white-label business that lets other financial institutions offer digital asset services under their own brand.
As that footprint grows across multiple regulated markets – the US, UK, and EU – Uphold needs staking infrastructure that performs to the standard each of those jurisdictions demands. That's where Kiln comes in.
Through this partnership, Kiln operates the validator infrastructure behind Uphold's staking products – built to perform reliably and securely at the standard a regulated platform demands. Uphold can offer compliant staking to its clients without building or maintaining validator infrastructure in-house, and clients earn rewards on assets they already hold, without moving them off the platform they trust.
The first asset live through this partnership is XDC.
Starting with XDC
With this launch, Uphold becomes the first US digital asset trading venue to offer staking of XDC, the native token of the XDC Network. Uphold customers can now stake XDC directly onchain and earn up to 6%* in annual rewards.
Uphold has supported XDC since January 2024 and now safeguards more than 10% of the total XDC supply in custody – making it one of the largest XDC venues in the market. Clients have asked to do more with those holdings, and staking is the answer. Kiln runs the validators that secure the network and generate the rewards, while Uphold delivers the licensed custody, treasury management, and client experience.
Our job is to deliver the best possible experience on every asset, reliably and securely, at the standard institutions demand. Powering staking for licensed providers like Uphold is exactly what we're built for.— Ernest O., Co-Founder and CPO of Kiln
XDC has found a real home on Uphold, and we've become one of the largest venues managing custody of the token for retail and institutional clients. They've told us clearly that they want to do more with their XDC holdings, and staking is our response. We're proud to be the first US venue to offer it."— Anthony Johnson, CEO of Uphold Institutional
About Uphold
Uphold, is a financial technology company that believes onchain services are the future of finance. It provides modern infrastructure for onchain payments, banking and investments. Offering Consumer Services, Business Services and Institutional Trading, Uphold makes financial services easy and trustworthy for millions of customers in more than 140 countries.
Uphold integrates with more than 30 trading venues, including centralized and decentralized exchanges, to deliver superior liquidity, resilience and optimal execution. Uphold never loans out customer assets, except at customer request, and is always 100% reserved.
The company pioneered radical transparency and uniquely publishes its assets and liabilities every 30 seconds on a public website.
Uphold is regulated in the U.S. by FinCEN and State regulators; and is registered in the UK with the FCA and in Europe with the Bank of Portugal. Securities products and services are offered by Uphold Securities, Inc., a broker-dealer registered with the SEC and a member of FINRA and SIPC.
About Kiln
Kiln is the leading institutional onchain asset and yield management platform, enabling institutions to generate yield on their digital assets and empower their users with direct access to onchain yield. In 2025, Kiln surpassed $18 billion in assets delegated, providing access to diverse yield sources across 25+ PoS networks – from native staking to DeFi strategies.
Trusted by industry leaders including VanEck, CoinShares, Crypto.com, Fireblocks, Ledger, Coinbase, and Binance.US, Kiln offers a comprehensive suite of yield products with real-time reporting and monetization tools. The platform enables custodians, wallets, exchanges, and asset managers to streamline onchain asset management operations across multiple providers and protocols. Kiln is SOC 2 Type II compliant.
*Reward rates fluctuate based on network conditions; past performance is not indicative of future returns.
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.
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