Rakkar Digital, Asia’s leading qualified digital asset custodian, has announced a strategic partnership with Kiln, a global staking provider managing over USD $8.6 billion in assets. This collaboration is set to enhance Rakkar’s custody services by integrating Kiln’s advanced Ethereum (ETH) staking technology, offering institutional clients a seamless and secure way to earn rewards directly from custody without compromising asset security.
With the integration of Kiln’s staking capabilities, Rakkar Digital’s institutional clients can now deploy their capital into staking activities effortlessly, benefiting from the operational efficiency and superior security that Rakkar’s platform is known for. This partnership marks a significant step forward in Rakkar’s mission to provide comprehensive digital asset services that go beyond traditional custody.
“Teaming up with Kiln perfectly aligns with our goal to provide top-tier digital asset services beyond custody,” said Arthit Sriumporn, founder and CEO of Rakkar Digital. “This partnership not only strengthens our custodian solution but also meets the needs of our institutional clients, providing a seamless and secure experience that empowers their businesses.”
Laszlo Szabo, co-founder and CEO of Kiln, echoed this sentiment, stating, “Joining Rakkar Digital’s partner network is a significant milestone for Kiln. We are thrilled to offer enterprise-grade staking to Rakkar Digital’s institutional customers, providing secure and accessible staking solutions in the APAC region.”
Rakkar Digital, backed by SCB 10X, the venture arm of Siam Commercial Bank, offers bank-backed stability and compliance, empowering regulated financial institutions to thrive in the digital asset space. The firm’s robust security measures, including ISO 27001, SOC 1 Type 1, and SOC 2 Type 1 & 2 certifications, ensure that its clients’ assets are protected to the highest industry standards.
Kiln, a leader in staking and digital asset rewards management, operates validators on all major Proof of Stake (PoS) blockchains and runs over 4% of the Ethereum network. The partnership with Rakkar Digital will extend Kiln’s enterprise-grade staking services to the APAC region, allowing institutions to engage in staking with enhanced security and efficiency.
About Rakkar Digital
Rakkar Digital is Asia’s leading qualified digital asset custodian, providing unparalleled asset security to financial institutions. Backed by SCB 10X, Rakkar employs industry-leading security measures and compliance frameworks, ensuring the most secure, institutional-grade custodian services across Asia.
About Kiln
Kiln is a leading staking and digital asset rewards management platform, enabling institutional customers to earn rewards on their digital assets. With over $8.6 billion in crypto assets staked, Kiln operates validators on all major PoS blockchains, providing secure and automated staking solutions for custodians, wallets, and exchanges.
Photo by Guo Xin Goh on Unsplash
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