Blockdaemon launches non-custodial staking and DeFi stack for institutions

Blockdaemon has launched Earn Stack, a non-custodial institutional service that delivers DeFi yield farming and PoS staking across more than 50 protocols.

Institutional blockchain infrastructure provider Blockdaemon announced the launch of its decentralized finance (DeFi) and staking service, Earn Stack.

The new service is designed for institutions to offer DeFi and staking opportunities through more than 50 protocols, with access to numerous DeFi pools and bridges, the company announced on Thursday.

Blockdaemon claims its new product enables “secure, non-custodial staking and streamlined access to DeFi,” in accordance with recent guidelines issued by the US Securities and Exchange Commission. The company said its institutional focus is backed by its claim to ISO 27001 cybersecurity certification and SOC 2 customer data management standard compliance.

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