Everstake and io.finnet have announced a strategic partnership aimed at introducing non-custodial staking solutions on io.finnet's platform.
Overview of the Partnership
Everstake, a leading provider of non-custodial staking, has partnered with io.finnet, a fintech company bridging traditional finance and DeFi. The collaboration will initially offer staking solutions for Ethereum and Solana, later expanding to more than 15 Proof-of-Stake assets.
Benefits for Institutional Clients
The integration of staking into existing asset management workflows aims to reduce operational friction and unlock on-chain yield for funds and fintech platforms. Jourdan Parkinson from Everstake stated, "Partnering with io.finnet is a strategic alignment for our company. Together we provide the staking layer that enables clients to capture yield without sacrificing compliance and control standards."
Future Plans and Expansion
This partnership also enables Everstake to extend its market presence in North America, Europe, and Asia. Future plans include support for stablecoins and other high-potential PoS assets. Michael Cunningham from io.finnet commented: "Integrating Everstake's infrastructure allows clients to generate yield with the expected security and control."
The collaboration between Everstake and io.finnet aims to set a new standard in how institutional clients engage with staking, providing secure and efficient solutions.