Utila, a secure platform for digital asset operations, has integrated the staking service from Chorus One. This event provides institutional clients access to reliable staking infrastructures across various Proof-of-Stake networks.
Integration Goals and Benefits
The partnership with Chorus One allows Utila to offer its clients the ability to stake assets directly through its platform. Simplifying access to staking and lowering barriers for organizations looking to capitalize on staking yields are key objectives of this collaboration.
Technical Features of the Integration
The integration features the use of Utila's web console and broad Web3 connectivity tools, including a browser extension and integrations with Rabby Wallet and WalletConnect. The complete absence of separate wallet setups and external infrastructure ensures simplicity and convenience for users.
Implications for Institutional Clients
Clients will gain the ability to monitor validator performance and track staking rewards using Utila’s dashboard. The integration not only broadens staking access but also enhances visibility and governance, supported by multi-party computation and robust security policies.
The integration of Chorus One with Utila represents an important step towards simplifying staking processes for institutional clients, providing access to reliable and secure solutions.
