- Blockdaemon launches non-custodial solution, influences regulatory compliance.
- Over $110 billion in assets secured globally.
- Enhances institutional trust with new DeFi products.
Blockdaemon, a leading blockchain infrastructure provider, has launched a non-custodial staking and DeFi stack for institutions, meeting regulatory requirements in regions like Hong Kong.
The launch represents a significant move in institutional crypto infrastructure, emphasizing compliance with regional directives like those from Hong Kong’s SFC.
Blockdaemon has developed a non-custodial staking and DeFi stack tailored for institutional needs. This step aligns with regulatory mandates, notably in Hong Kong, aiming to enhance asset management and security.
The initiative involves major assets including Ethereum, Solana, Polkadot, and Cosmos. Blockdaemon’s infrastructure supports transparent transactions, conforming to regulatory standards, providing institutions with secure, automated solutions.
Blockdaemon enables clients to maintain full control over their customers’ virtual assets, complying with the Securities and Futures Commission’s (SFC) directive prohibiting third-party custody. Our solutions provide clients with full management of withdrawal processes, including control over private keys and pre-signed voluntary exit messages, ensuring compliance and the secure handling of client assets.
Financial markets, particularly in Hong Kong, may experience increased institutional involvement. The Stack offers audit-ready compliance, aligning with new regulations and potentially increasing market confidence.
Blockdaemon also secures over $110 billion in digital assets. The new product could accelerate institutional participation and promote non-custodial management in crypto markets.
Regulatory focus on compliance serves to shield institutions while promising advanced staking infrastructure. As similar trends develop, increased investment into DeFi protocols may emerge, amplifying crypto’s market presence.
Providing compliance-first solutions could facilitate institutional growth in regulated markets, potentially leading to a broader acceptance and integration of crypto technologies into traditional finance ecosystems. For more insights on future trends, review the Institutional Staking Rates and Liquidity 2025.
Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |