CoinList Launches Multi-Chain Staking Fund for Accredited Investors: An Opportunity for Passive Income

CoinList Launches Multi-Chain Staking Fund for Accredited Investors: An Opportunity for Passive Income

Crypto News – CoinList, a pioneer in the cryptocurrency space, has recently introduced a groundbreaking fund designed to offer accredited investors in the United States the opportunity to generate returns by staking digital assets.

The multi-chain staking fund, initially centered around Ethereum and Near for staking, marks the beginning of a broader vision. CoinList has ambitious plans to extend support to an array of other blockchain networks including Flow, Sui, and Mina. This strategic expansion is poised to open fresh avenues for investors seeking passive income through staking, without the necessity of owning the underlying digital assets.

According to CoinList, each digital asset will be strategically grouped with similar assets and staked in adherence to the specific protocol requirements. This approach ensures that investors receive rewards in the form of the native token corresponding to their initial fund interests, or as outlined by the specific protocol. Notably, Ethereum staking has witnessed substantial growth, particularly following the Merge and Shanghai upgrades. However, this heightened interest in staking has also resulted in a reduction in staking yields.