Staking is a vital component of the blockchain ecosystem, preserving its decentralisation and earning yields for asset owners. Kiln builds infrastructure to help companies offer staking.
Kiln's staking infrastructure is marketed chiefly at enterprises. Companies can offer staking directly, or can buy a staking product that integrates with their existing services. Kiln's team is made up of veterans of companies such as Google, ConsenSys and Palantir, which has shaped its future-facing technology considerably.
With the crypto economy continuing to grow and mature, investor interest in staking is rising, explaining Kiln's successful 2024 Series A funding bid which will help it to expand across the APAC region where it has opened a Singapore office. Given its already enviable customer base, Kiln is likely to be a major name in this lucrative market.
Freddie
Company Specialist at Welcome to the Jungle