Ethereum-based software company ConsenSys announced the creation of a staking marketplace for institutional wallets on Metamask.
ConsenSys Launches Institutional Staking Marketplace on MetaMask
The staking market announcement was first made on the Metamask Institutional Twitter account. According to the announcement, Metamask has created an institutional staking marketplace by bringing together staking providers such as Allnodes, Blockdaemon, Kiln, and Consensys. This marketplace is designed to include the software company’s own staking products. MetaMask Institutional Product Lead Johann Bornman said:
“The Ethereum Merge last year was one of the most profound accomplishments in the history of Crypto—resulting in increased economic security, reduced energy costs, and client diversity. With withdrawals coming soon, we believe institutional demand to secure the world’s computer will surge. We are delighted to work with these ‘best-in-breed’ staking partners. We believe MetaMask Institutional can play a unique role in providing unrivaled and seamless staking access to all organizations.”
Simplified Staking Service
The purpose of the staking program is to enable corporates to access staking services with a single click, avoiding the need to deal with complex issues. The large number of companies participating in the program shows that corporate companies can choose between these staking providers according to their features, such as discounts, infrastructure, and quality. Metamask Institutional also offers services such as portfolio management, profit and loss calculation, digital asset tracking, transaction reporting, and corporate controls. Laszlo Szabo, co-founder, and CEO of, Kiln, said:
“Our mission at Kiln is to make enterprise-grade staking seamless and secure for everyone. We are delighted to integrate Kiln’s ETH staking platform with MetaMask Institutional’s product and network. This integration allows enterprise customers worldwide to help secure the Ethereum network and be rewarded for it. It’s a great milestone to meet an ever-increasing demand as the Shanghai upgrade approaches.”
About Consensys
Consensys is an Ethereum-based blockchain software company founded by Yusuf Lubin in 2015. The platform aims to facilitate Web3 access for developers, businesses, and others. The company’s products include Infura, Quorum, Truffle, Codefi, Metamask, and Diligence. These products are used by millions of people and manage millions of digital assets.
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