Major Banks Join the Staking Party-Earn Money While Sitting at Their Desks! 🎉

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In the land of snow and silent mountains, Taurus, a noble Swiss guardian of digital treasures, has forged a pact with the cunning Everstake, that venerable steward of proof-of-stake networks. Oh, how the mighty have conspired to turn idle assets into bustling sources of yield, much like turning winter’s silence into the melody of spring. 🌱

Picture this: banks and learned institutions, guardians of trust and order, now delegate their precious tokens-Solana, Near Protocol, Cardano, and Tezos-to Everstake’s esteemed validators. All the while, they clutch their private keys like a miser clutching gold coins, maintaining control amidst the dance of decentralization. 😂🔐

Everstake, proud stewards of over 80 proof-of-stake networks, holding the grand amount of seven billion dollars in staked assets, shall provide the sturdy pillars-validators-that uphold this modern ecclesiastical mission. Founded in the distant year of 2018, the Swiss outfit known as Taurus offers sacred services: custody, issuance, trading, and even the mysterious art of tokenization, like alchemists of old turning digital lead into gold. ✨

Recently, Taurus extended its reach into Latin America, partnering with Parfin, a company with ambitions as large as the Alps, bringing tokenization to banks below the equator. Truly, the spirit of enterprise is boundless-and sometimes quite amusing. 😄

The Institutional Staking Chronicles: Growing Like Rumor in a Small Town

Staking-ah, that act of locking up tokens to keep the proof-of-stake networks alive and well-has become the new fancy hat for institutions. No longer confined to the chaotic halls of DeFi, they now march boldly into regulation and sanity, earning rewards for their patience and devotion. 📈

In the cold month of February, Lido unveiled v3, with fancy vaults for the institutional ETH-stakers-like vaults in a bank, but with more flair and less security, apparently. Coinbase, never one to lag behind in the grand game, expanded its staking empire with Figment, allowing institutions to stake a broader array of assets, all from the comfort of their digital vaults-imagine that! And Anchorage, always eager to please, added HYPE staking-because what better way to stay hyper than while doing the boring work of securing networks? 😅

They even added custody and staking for Starknet’s STRK tokens, proving once again that if there’s a crypto asset to stake, someone will find a way-and perhaps some humor along the way. Truly, in this world of digital riches, the phrase ‘jack of all trades, master of staking’ might just be the new motto.

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2025-12-03 00:52