Utila, the crypto operations platform and enterprise-grade MPC wallet provider, announced a partnership with Twinstake, an “institutional-grade,” non-custodial staking provider to offer TON staking solutions for institutions.
This collab empowers institutional investors to participate in TON staking and generate yields on their digital assets.
The Open Network (TON) is described as a “decentralized” blockchain platform well-known for its scalability. The goal is to put “crypto in every pocket” and is making digital ownership easy for billions, by building the Web3 ecosystem in Telegram. TON’s architecture claims it is ideal for micro-transactions and decentralized applications development.
TON boasts a growing blockchain ecosystem with “potential for institutional investment.”
The Utila and Twinstake partnership addresses the need for “secure and compliant” staking solutions in this emerging market.
The Utila-Twinstake integration provides benefits for institutional users:
- User Experience: Institutions can effortlessly manage TON staking activities directly via the Utila platform, streamlining their workflow.
- Security: Utila’s MPC wallets ensure complete asset control for institutions, while Twinstake’s secure non-custodial staking guarantees the safety of staked TON Coins. The staking operation is MPC-protected and secured by our elaborate governance and approval mechanism.
- Transparency: Transaction details are available in Utila mobile app and console, providing complete visibility and control throughout the staking process.
Bentzi Rabi, Co-Founder and CEO of Utila says:
“By leveraging Twinstake’s expertise in secure TON staking and Utila’s robust MPC wallet infrastructure, we offer a seamless and secure solution for institutions to participate in TON staking while maintaining complete control over their assets.”
Andrew Gibb, CEO of Twinstake, added:
“By combining our expertise, we offer a unique value proposition for institutions looking to capitalize on the growth potential of TON while prioritizing best-in-class security practices.”
Utila and Twinstake, together, empower institutions to “navigate the complexities” of digital assets staking.
By combining Utila’s platform with Twinstake’s staking expertise, this partnership offers secure, efficient, and “compliant TON staking solutions for institutions.”
Twinstake is an institutional-grade, non-custodial staking provider.
They help leading asset managers, hedge funds, venture capital firms, web3 foundations, exchanges and other institutions “achieve their core staking objectives across numerous protocols.”
The platform offers “institutional-grade” security and Know Your Client (KYC) procedures.
It plugs into client staking workflows “through integration with leading custodians.”
Twinstake features reporting, data and staking analytics across an “ever-increasing portfolio of assets.”
Utila is an enterprise-grade crypto operations platform and “an institutional MPC wallet provider.”
Utila enables organizations of all sizes to securely “manage digital assets across multiple blockchains, wallets, and users on a single platform, without any complexity.”
They aim to simplify digital asset management and crypto operations “for institutions without compromising on security or usability.”
They offer a secure, non-custodial, chain-agnostic, enterprise wallet platform powered “by MPC key management and a robust policy engine.”
Claiming to be “trusted” by industry professionals, Utila has reportedly secured more than $10 Billion in transactions since launch and is growing.