Published
5 months ago on
November 03, 2023
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Validation Cloud launches institutional staking-as-a-service platform.
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The platform enhances staking, introducing low costs and high speeds for staked assets.
Swiss-based Web 3 node provider Validation Cloud has launched its novel institutional staking-as-a-service platform, bringing on-demand deployment, smart-contract powered rewards automation, and SOC2 security to Ethereum staking. The platform offers institutions and Web 3 businesses non-custodial staking-as-a-service, improving the speed, security and costs to stake ETH.
“Our full-featured staking platform was designed to meet institutional demands – one-click deployment, simple management, and robust security,” Andrew McFarlane, CTO of Validation Cloud stated on the launch of its new service.
The new technology will enable institutions to get the best speeds, low costs and better reliability on Ethereum staking, offering the service on-demand to customers. This is enabled via UI and API-based deployments, an automatic rewards management system, and SOC2 security compliance.
The Swiss company is a Web3 data streaming and infrastructure company that connects organizations to Web3 through a fast, scalable, and AI-based platform. The new technology will make staking ETH simpler for institutions, giving a frictionless and operationally identical staking platform, similar to staking other digital assets.
The platform allows institutions to deploy validators in bulk, in real-time, in dedicated environments, while further simplifying rewards management with on-chain smart contracts. As a non-custodial staking platform, Validation Cloud’s new service promotes verifiability and eliminates intermediaries and counterparty risk - driving superior experience and performance for asset managers, custodians, and exchanges.
“Our platform was purpose-built to onboard institutional assets. The largest asset managers in the world are rapidly entering Web3 and Validation Cloud envisions a near future with over a trillion dollars in staked assets,” Alex Nwaka, Validation Cloud CSO commented.
Critical to its offerings is its enterprise-grade compliance credentials, SOC2 compliance, which sets the industry standard for compliance and security with its new platform.
