Blockdaemon and Obol Collective have announced a new partnership aimed at improving staking for institutional clients, addressing security and performance challenges.
Partnership Goals
The partnership between Blockdaemon and Obol Collective is focused on expanding staking capabilities for institutional clients. Blockdaemon, as an institutional node operator, provides staking services for enterprises, custodians, and exchanges.
Impact of Distributed Validators
A key feature of the new partnership is the integration of Distributed Validators into the staking ecosystem. This innovation aims to enhance decentralization, performance, and resilience in staking on Ethereum and other proof-of-stake platforms.
Significance for Institutional Staking
Comments from Demetrios Skalkotos, Blockdaemon's Chief DeFi and Protocols Officer, highlight that the efficient distributed validators from Obol Collective represent a significant advancement in the infrastructure and staking sector, removing single points of failure and enhancing scalability and security.
The partnership between Blockdaemon and Obol Collective sets new benchmarks for institutional staking, offering high levels of security and risk-adjusted returns for clients.