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Zodia Custody, Blockdaemon Partner to Offer Staking to Institutional Clients

Katie Lin

Summary: Cryptocurrency storage provider Zodia Custody has announced it is partnering with infrastructure provider Blockdaemon to provide crypto staking services to institutional clients, according to reports by CoinDesk. Staking is the process of offering digital assets to help support a blockchain in return for rewards. The two firms are attempting to capture the growing instutional interest ...

Cryptocurrency storage provider Zodia Custody has announced it is partnering with infrastructure provider Blockdaemon to provide crypto staking services to institutional clients, according to reports by CoinDesk.

Staking is the process of offering digital assets to help support a blockchain in return for rewards.

The two firms are attempting to capture the growing instutional interest for staking, which has increased since the Ethereum blockchain completed its transition to a proof-of-stake system last September.

Author: Katie Lin

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Link: Zodia Custody, Blockdaemon Partner to Offer Staking to Institutional Clients   [Copy]
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