Kiln and Copper join forces to enhance institutional staking on TON
Through the partnership institutional investors will be able to securely stake TON and other major Proof-of-Stake PoS assets.
WEDNESDAY, February 19th 2025 – Copper, a leader in digital asset custody, collateral management, and prime services, announces a strategic collaboration with Kiln, a leading institutional crypto staking platform to deliver enterprise-grade staking services for institutional clients.
Through this partnership, Copper's clients can now securely stake TON, alongside other significant Proof-of-Stake (PoS) assets, including ETH, SOL, and SUI. This alliance opens new staking opportunities, enabling institutional investors to contribute to network security and earn staking rewards*.
Staking cryptocurrencies involves locking native digital assets within a PoS blockchain to secure the network and earn rewards. These rewards typically come from the blockchain's native currency inflation and a share of transaction fees. Staking has become an increasingly popular strategy for institutional investors, allowing them to utilize their digital assets while supporting network decentralization.
This partnership allows institutional clients to benefit from Kiln’s enterprise-grade staking services while leveraging Copper’s secure infrastructure to manage collateral and settle trades. Copper clients will be able to migrate their TON validator operations, ensuring a seamless and secure staking experience.
Kiln operates as a non-custodial staking provider, ensuring that client assets remain under the full control of Copper’s institutional clients. Kiln is SOC2 Type 2 certified and adheres to the highest security standards with industry-leading SLAs, providing our clients with peace of mind and operational excellence.
“We are excited to partner with Kiln to further enhance our staking offerings. This collaboration enables us to provide our clients with a comprehensive and secure staking solution.”Ben Lorente, Strategic Alliances Director CEO of Copper.
"Partnering with Copper is a major milestone for Kiln, and we are thrilled to offer enterprise-grade staking. This partnership allows us to provide secure and accessible staking solutions to a wider audience. We are excited to start with TON and expand to other major PoS blockchains, including Ethereum, Solana, or Sui." — Laszlo Szabo, co-founder and CEO at Kiln.
*This service is not available in the United Kingdom.
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About Kiln
“Kiln is the leading digital asset rewards management platform, enabling businesses to earn rewards on their digital assets, or to white label earning functionality into their products. Our platform is API-first and enables fully automated validators, rewards, and data and commission management. With over $13 billion crypto assets being programmatically staked, Kiln has a particularly strong track record on Ethereum as we run about 5% of the network; this includes 50,000+ active validators with 0 slashing events. Kiln is SOC 2 Type 2 certified.”
For more information, please visit: www.kiln.fi
About Copper
Since being founded in 2018, Copper has been building the standard for institutional digital asset infrastructure with a focus on custody and collateral management. Underpinned by multi-award-winning technology, Copper has built a comprehensive and secure suite of products and services required to safely custody and trade digital assets. At the core of Copper’s infrastructure is ClearLoop, which enables clients to manage collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.
For more information, please visit: www.copper.co
LinkedIn: Copper.co
X (Formerly Twitter): @CopperHQ
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