Coinbase Cloud and Kiln Collaborate to Enable Native ETH Staking on Coinbase Wallet, Removing Minimum Stake Limits

Crypto News- Coinbase Cloud and Kiln has introduced Partial ETH Staking via Coinbase Cloud validators, seamlessly integrating Kiln’s On-Chain Staking platform. Historically, over 99% of ETH wallet holders have been excluded from local due to the 32 ETH minimum stake requirement. ETH staking has remained elusive for many. This integration marks an important step towards democratizing staking accessibility for all wallet users, enabling more people to participate in network security while receiving rewards.

Coinbase Cloud and Kiln Collaborate to Enable Native ETH Staking on Coinbase Wallet, Removing Minimum Stake Limits

Starting today, Coinbase Cloud customers and other self-custody wallet providers will be able to leverage their API to unlock native staking for their users, allowing them to stake any amount of ETH they want. The increase in staked ETH post-Shapella upgrade empowers wallet providers to appeal to users looking for flexible staking solutions.

In the near future, Coinbase Wallet will pioneer the use of Coinbase Cloud’s Fractional ETH Staking solution, allowing users to stake ETH locally with no minimum requirements. Thanks to this integration, every Coinbase Wallet user will effortlessly stake their ETH and earn rewards.

We are delighted to collaborate with Coinbase Cloud and welcome them as the first (non-Kiln) node operator leveraging the Kiln On-Chain Staking Platform. This integration with Coinbase Cloud is remarkable as it enables them to extend this limitless ETH staking solution to other wallets and services, including decentralized exchanges (DEXes). Our commitment is to make staking accessible to all Ethereum users.

Laszlo Szabo, CEO, and Co-founder at Kiln.

Partial ETH Staking builds on existing Coinbase Cloud staking infrastructures and complements staking products like Delegate that facilitate staking with their public validators. Multi-cloud, multi-region and multi-client infrastructure ensures reliability and enterprise-grade security, all under the trusted crypto brand.

Our integrated staking solution with Kiln offers:

• Effortless Native ETH Staking: Coinbase Cloud’s Partial ETH Staking streamlines native ETH staking on reliable, enterprise-grade validators. It empowers users to stake ETH directly from their self-custody wallets, bypassing minimum stake prerequisites.

• Transparent Onchain Staking: When using Coinbase Cloud’s Partial ETH Staking, all staking operations, from validator management to deposits and rewards distribution, occur on-chain through audited smart contracts, ensuring transparency, auditability, and reliability.

• Robust Liquidity: Shared liquidity facilitates swift ETH deposits and withdrawals, diversifies risk, and provides a seamless experience for users staking or unstaking their ETH.

We are excited to introduce this product as a result of our collaboration with Kiln, collectively expanding staking opportunities for individuals while enhancing the offerings available to staking providers. Reach out to us here to learn how our Partial ETH Staking solution can empower your users with accessible, secure, and transparent staking choices.