The post TruFin Launches TruStake, an Institutional-Grade Liquid Staking Solution, on NEAR Network appeared on BitcoinEthereumNews.com.

TruFin Launches TruStake, an Institutional-Grade Liquid Staking Solution, on NEAR Network TruFin, a leading liquid staking protocol, has officially launched TruStake, its institutional-grade liquid staking solution, on the NEAR network, according to an announcement on X (formerly Twitter). The new staking product, designed for institutional investors, is integrated with renowned crypto custodians such as Fireblocks, Copper, and Finoa. This development marks a significant step for TruFin as it continues to expand its suite of offerings, providing enhanced access to liquid staking on the NEAR blockchain while ensuring security and compliance for institutional clients. What is TruStake? TruStake is a liquid staking solution designed to provide institutional investors with a secure and scalable way to participate in staking on the NEAR network. Unlike traditional staking, where tokens are locked for a set period, liquid staking allows users to stake their assets while maintaining liquidity. This means that investors can continue earning staking rewards while having the flexibility to use or trade their staked tokens. By integrating with prominent custodians such as Fireblocks, Copper, and Finoa, TruStake ensures that institutional investors have access to a secure and compliant infrastructure for managing their staked assets. Institutional-Grade Security with Custodian Integration The launch of TruStake on the NEAR network comes with built-in security and compliance features through its integration with top-tier custodians. These partnerships with Fireblocks, Copper, and Finoa provide an additional layer of protection and regulatory assurance, making TruStake a preferred choice for institutional clients who require high levels of security for their crypto assets. Fireblocks: Known for its robust infrastructure, Fireblocks offers a secure platform for managing digital assets, ensuring the safety of staked tokens through multi-party computation (MPC) technology and insurance-backed custody. Copper: A leading institutional custodian, Copper provides a suite of tools to manage crypto assets securely, including staking solutions…

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Filed under: News - @ September 26, 2024 5:24 am