
Everstake and io.finnet Deliver Institutional Staking for Ethereum, Solana, and Additional PoS Assets
Everstake, a leading global non-custodial staking provider for institutional and retail clients, has entered into a strategic partnership with io.finnet, a fintech company bridging traditional finance and DeFi through secure, MPC-powered infrastructure.
The partnership will introduce non-custodial staking solutions to institutional clients on io.finnet's platform, starting with Ethereum and Solana. Later, the offering will expand to include the platform's full token coverage and a broader pipeline of 15+ Proof-of-Stake assets.
By embedding staking into existing MPC wallet workflows and API services, the collaboration will reduce operational friction and unlock on-chain yield for funds, fintech platforms, and enterprises managing digital assets.
'io.finnet has built a strong foundation for institutions to interact with DeFi securely and efficiently,' said Jourdan Parkinson, Senior Business Development Manager at Everstake. 'Partnering with io.finnet is a strategic alignment for our company. Together we provide the staking layer that enables clients to capture yield without sacrificing institutional standards for compliance, control, or scalability.'
The integration establishes Everstake as a core infrastructure provider within io.finnet's ecosystem, giving institutional clients seamless access to high-performance staking. It also reinforces Everstake's role as a trusted bridge between institutional capital and blockchain-native services.
'As institutions increasingly seek to generate returns on their digital assets held in custody, staking has become a natural next step. By integrating Everstake's robust validator infrastructure directly into our MPC workflows and APIs, we're enabling clients to generate yield with the same operational simplicity, control, and security they expect from io.finnet. This partnership is key to unlocking passive returns across our supported assets – without introducing counterparty risk.' said Michael Cunningham, Head of Digital Assets at io.finnet.
This integration also marks a pivotal step in Everstake's institutional strategy, further extending its presence in markets like North America, Europe, and Asia, where io.finnet is rapidly expanding. As demand grows for secure, scalable staking solutions, the partnership lays the groundwork for future integrations, including support for stablecoins and other high-potential PoS assets.
Together, Everstake and io.finnet aim to set a new standard for how institutions stake—one that combines world-class infrastructure with seamless integration and uncompromising security.
In addition to powering staking for io.finnet clients, Everstake also uses io.finnet to manage its own digital asset treasury, reinforcing mutual trust in the platform's MPC security and operational resilience.
About io.finnet
io.finnet is a secure platform for institutions to manage digital assets with an MPC-powered self-custody wallet and 24/7 fiat settlement. With 1,500+ clients, io.finnet offers the simplest and most secure way to grow, hold, and transact with digital assets. We support Bitcoin (BTC), Ethereum (ETH), ERC-20 tokens, and exclusive assets like TAO, TwTAO, and TRX, alongside 100k+ tokens and 60+ chains, a Web3 dAppstore, non-custodial staking, security logs, and more. io.finnet is audited and SOC 2 Type II certified.
Website I X/Twitter I LinkedIn
About Everstake
Everstake is a leading global non-custodial staking provider serving institutional and retail clients and trusted by over 1,000,000 users across 85+ Proof-of-Stake networks. Founded in 2018 by blockchain engineers, the company supports $6.5 billion in staked assets and 40,000+ active validators, delivering institutional-grade infrastructure with 99.9% uptime and zero material slashing events since inception.
Supporting asset managers, custodians, wallets, exchanges, and protocols, Everstake offers API-first, compliant infrastructure backed by SOC 2 Type 2 and ISO 27001:2022 certifications, GDPR compliance, and regular smart contract audits. Its globally distributed team of 100+ professionals is committed to making staking accessible to everyone while strengthening the foundations of decentralized finance.
Everstake is a software platform that provides infrastructure tools and resources for users but does not offer investment advice or investment opportunities, manage funds, facilitate collective investment schemes, provide financial services, or take custody of, or otherwise hold or manage, customer assets. Everstake does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency, or associated funds. Everstake's provision of technology services, allowing a user to stake digital assets, is not an endorsement or a recommendation of any digital assets by it. Users are fully and solely responsible for evaluating whether to stake digital assets.
Contact
PR Manager
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
30 minutes ago
- Yahoo
Billions in Ethereum Waiting to Be Unstaked Could Add Sell Pressure to ETH: Analyst
Ethereum holders are increasingly lining up to unstake their tokens, a trend that could put significant sell pressure on the cryptocurrency, according to one crypto expert. The Ethereum blockchain's validator exit queue hit 855,158 ETH on Friday—the highest it's ever been, according to The tokens were worth a combined $3.7 billion as of late Friday, according to data provider CoinGecko. Staking is a process by which digital asset holders lock up their tokens to secure a blockchain network and earn rewards. Stakers may choose to unlock and reclaim their crypto amid uncertain market conditions, transferring them to comparatively risk-off assets or cashing out. The Ethereum networks limits the amount of ETH that can be unstaked at a given time. The limit is designed to maintain network stability by preventing mass validator exits, which could disrupt the blockchain's consensus mechanism. Currently, the queue is expected to take 15 days to clear. The mounting queue of soon-to-be-unstaked ETH could be driving the asset's recent retracement, Bitwise Senior Investment Strategist Juan Leon told Decrypt. The second-largest crypto asset by market cap has shed hundreds of dollars in recent days after coming close to setting a new all-time high mark. The unstaked Ethereum queue could negatively affect ETH's price, particularly if staked ETH trades at a discount to ETH, he explained. 'Tokens like stETH can trade at a discount. That discount reduces their value as collateral, triggering risk cuts, hedges, or even liquidations that lead to spot ETH selling,' Leon said. What's Driving Ethereum's Surge—And Can It Last? He added that some trades may unwind as the unstaking queue grows, particularly if the cost to borrow ETH spikes. When that occurs, 'leveraged 'stETH loop' trades via liquidity pools on DeFi protocols stop being profitable,' Leon said. 'Traders unwind by exiting positions and selling ETH to repay loans, creating synchronized sell pressure.' Growing efforts to unstake ETH came shortly after the token on Thursday came within striking distance of its record price of $4,878 hit in November 2021, per data from CoinGecko. Since then, the altcoin has retraced its gains, weighed down by growing geopolitical uncertainty and a hotter-than-expected producer-price-index report from the U.S. Despite concerns about Ethereum's validator exit queue, Leon cautioned that a rise in ETH waiting to be unstaked doesn't necessarily signal that the token's price will continue to edge down. 'Unstaking doesn't usually cause a sudden crash, but under stress it can act like a steady tap of new supply,' he said, 'pressuring prices lower if it overwhelms new demand for ETH.'


Business Upturn
4 hours ago
- Business Upturn
Bitcoin Swift Enters Final Three Days of Stage 5 Presale With $750,000+ in Sales and $60,000+ in Rewards Distributed
By GlobeNewswire Published on August 16, 2025, 15:49 IST LUXEMBOURG, Aug. 16, 2025 (GLOBE NEWSWIRE) — Bitcoin Swift (BTC3), a blockchain project integrating artificial intelligence (AI) automation, decentralized identity (DID) technology, and a Proof-of-Yield (PoY) programmable rewards system, has announced that its presale is entering the final three days of Stage 5. The project has reported participation from more than 2,600 users, over $750,000 worth of BTC3 tokens sold, and more than $60,000 in staking rewards already distributed to participants. According to the team, the token price in Stage 5 is set at $5. When Stage 6 begins, the price will increase to $6, with the launch price fixed at $15. Each stage of the presale carries a set annual percentage yield (APY) distributed through the PoY system. Stage 5 offers a 96% APY, while Stage 6 will offer 83%. A Structured Presale Timeline Bitcoin Swift's presale is designed to run for only 64 days in total. The structure includes automatic PoY distributions at the end of each stage, meaning that participants receive staking rewards as the presale progresses rather than waiting until the network goes live. By limiting the presale duration and embedding rewards within the process, the project seeks to provide early participants with a balance of short-term incentives and longer-term alignment with the roadmap. The team reports that this system has already delivered more than $60,000 in rewards, verified on-chain. Tiered Bonus Opportunities Alongside stage-based APYs, Bitcoin Swift is currently offering a bonus token program based on investment tiers. The tier system is as follows: Tier 1 : $100 – $1,999 → 10% bonus tokens : $100 – $1,999 → 10% bonus tokens Tier 2 : $2,000 – $4,999 → 20% bonus tokens : $2,000 – $4,999 → 20% bonus tokens Tier 3: Over $5,000 → 40% bonus tokens A referral program is also live, providing both the referrer and the referee with an additional 10% bonus on each completed transaction. These bonuses are applied automatically during the presale process. Technology and Ecosystem Development Bitcoin Swift is currently deploying its operations on the Solana blockchain. Solana provides high throughput with thousands of transactions per second and transaction costs under one cent. This integration allows participants to benefit from low-friction transfers and to interact with an ecosystem of more than 400 existing projects already connected to Solana. The team's roadmap extends beyond Solana, with plans to launch a proprietary blockchain in 2026. The upcoming chain is expected to combine a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus model, as well as AI-powered smart contracts and decentralized identity (DID) systems. AI oracles are planned as part of the protocol, designed to monitor network activity, energy efficiency, and market conditions. Based on these inputs, the system will dynamically adjust reward structures and contract parameters. This approach is intended to provide an adaptive framework suitable for both retail and institutional participants. Audited, KYC'd, and buzzing across crypto media BTC3 couples hype with hard proof. The codebase and team have undergone multiple third-party checks. See the Cyberscope Audit , the Audit Solidproof review, the Audit Spywolf report, and full KYC verification for transparent, compliance‑ready participation. Influencers and analysts are covering BTC3's pace and structure. Highlights from two deep dives: Crypto Sister : focuses on the power of PoY distributions at each stage and why the bonus tiers accelerate compounding. : focuses on the power of PoY distributions at each stage and why the bonus tiers accelerate compounding. Crypto Show : breaks down BTC3's AI integration, DID privacy, and the decision to launch first on Solana. Presale Metrics and Progress As of this update, the Bitcoin Swift presale reports the following: Current price : $5 (Stage 5) : $5 (Stage 5) Next stage price : $6 (Stage 6) : $6 (Stage 6) Launch price : $15 : $15 Stage 5 APY : 96% : 96% Stage 6 APY : 83% : 83% 2600+ users participating 750,000+ BTC3 tokens sold $60,000+ in APY staking rewards distributed Referral bonus: 10% for both referrer and referee on completed transactions These figures reflect the presale's momentum and provide participants with a clear overview of the current stage and upcoming adjustments. Exchange Discussions The Bitcoin Swift team has confirmed that it is engaged in preliminary conversations with multiple centralized exchanges regarding potential post-presale listings. While no final agreements have been disclosed, the team identified MEXC, KuCoin, and LBank as exchanges in discussion. Early listings would provide liquidity and broader accessibility following presale completion. Market Positioning The presale period has coincided with broader market interest in blockchain projects that integrate AI components. By incorporating adaptive smart contracts and programmable yield features, Bitcoin Swift is positioned to explore applications in areas such as automated financial services, decentralized identity, and dynamic rewards management. The combination of Solana's infrastructure today and the roadmap toward a standalone blockchain in 2026 is intended to provide scalability while maintaining compliance readiness. Final Stage 5 Window With only three days remaining in Stage 5, participants who enter during this window secure the $5 token price alongside the higher APY of 96%. The shift to Stage 6 will increase the token price to $6 while lowering the APY to 83%. The presale's automatic PoY distributions mean that rewards from this stage will be distributed at the stage's close. Participants benefit from immediate payouts and do not need to wait for mainnet launch to receive returns. About Bitcoin Swift (BTC3) Bitcoin Swift (BTC3) is a blockchain project combining AI-powered smart contracts, decentralized identity, and a Proof-of-Yield programmable rewards system. The project begins on the Solana blockchain, with plans to transition to its own chain in 2026, introducing a hybrid PoW/PoS model and adaptive AI-driven infrastructure. For more information, visit: Contact:Luc Schaus [email protected] Disclaimer: This content is provided by Bitcoin Swift. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at: Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
4 hours ago
- Yahoo
One of the Best Cryptocurrencies to Buy With $500 Right Now
Key Points The crypto's value will likely rise as its network activity increases. Its upcoming network upgrades should attract more developers. New ETFs with staking features could drive its price even higher. 10 stocks we like better than Ethereum › Cryptocurrencies aren't great investments for conservative investors, since they're usually volatile, difficult to understand, and tough to properly value. Higher interest rates also tend to curb the market's appetite for cryptocurrencies and other risky investments. Therefore, it's not a great idea to park your life savings in the crypto market. But if you have some cash you can afford to lose, it still might be smart to nibble on a few promising cryptocurrencies. One of the best tokens to buy right now is Ether (CRYPTO: ETH), which could turn a modest $500 investment into a few thousand dollars within the next few years. What sets Ether apart from other cryptocurrencies? Ether is the native cryptocurrency of the Ethereum blockchain, which was launched in 2015. Ethereum originally used the same proof of work (PoW) consensus mechanism as Bitcoin (CRYPTO: BTC), which meant its tokens could be mined. But in 2022, Ethereum transitioned to the more energy-efficient proof of stake (PoS) consensus mechanism. After that transition, Ether could no longer be mined -- it had to be "staked" to earn interest-like rewards. Ethereum also gained the ability to support smart contracts, which are used to develop decentralized apps (dApps), non-fungible tokens (NFTs), and other tokenized assets. Ethereum is now the largest developer platform for decentralized applications, and it has deployed over 3 million smart contracts and hosts thousands of dApps, NFTs, and other assets. Every transaction that occurs on Ethereum costs a "gas fee," which is paid to the validators who process the transactions and execute the smart contracts. A percentage of each fee, which is paid in a tiny fraction of Ether called a "gwei," is then burned (removed from circulation). That process makes Ether both an inflationary and deflationary token. When Ethereum's network activity increases, it becomes deflationary as more tokens are burned than issued. But when its network activity declines, it becomes inflationary as more tokens are issued than burned. That's why Ether, which has a circulating supply of 120.7 million tokens, is usually valued by the growth of its developer ecosystem instead of its fluctuating scarcity. Why is Ether a promising long-term investment? Ethereum faces some competition from Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA), which are both PoS blockchains that can process transactions faster than its Layer 1 (L1) blockchain. That might seem like a red flag for Ethereum's developer-oriented blockchain. Yet, Ethereum is keeping pace with those faster challengers with its Layer 2 (L2) solutions, which bundle together multiple transactions and process them off-chain at higher speeds. After being processed, they're returned to Ethereum's L1 blockchain, which is often considered more secure than Solana or Cardano because it has the biggest pool of validators. Ethereum's usage of L2 solutions also relieves the network congestion on its L1 blockchain. Solana is the fastest L1 PoS blockchain, but it has consistently struggled with congestion and security issues. Cardano's network also slows down during peak periods. Ethereum's next three upgrades -- The Verge, The Purge, and The Splurge -- should widen its moat against Solana, Cardano, and other developer-driven PoS blockchains. The Verge will improve its scalability, The Purge will reduce its network congestion and gas fees, and The Splurge will provide more optimizations to ensure its blockchain runs as efficiently as possible. As those upgrades attract more developers and boost Ethereum's network activity, more Ether will be burned. Lastly, the first spot price ETFs for Ether were approved last year, but they didn't include any of its staking features (which would have added a 3% to 4% annual yield). If the Securities and Exchange Commission (SEC) approves a new batch of Ether ETFs with staking rewards, they could draw in more investors as interest rates gradually decline. How much could a $500 investment in Ether grow? Ether currently trades just below $4,500 with a market cap of $542 billion, but it's still a lot less valuable than Bitcoin, which trades at nearly $120,000 with a market cap of $2.38 trillion. The near-term price targets for Ether are all over the map, but some analysts expect it to rise as high as $20,000 and boost its market cap to $2.4 trillion within the next year. Ark Invest's Cathie Wood previously claimed its price could reach $166,000 by 2032. I'd take those bullish estimates with a grain of salt, but I believe lower interest rates, new staking ETF approvals, and its upcoming network upgrades could easily cause its price to double or triple within the next few years. So while its price might remain volatile, it has a clear path toward turning a $500 investment into at least a few thousand dollars. As always, crypto should only make up a small part of a larger, diversified portfolio. Do the experts think Ethereum is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Ethereum make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,070% vs. just 184% for the S&P — that is beating the market by 885.55%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy. One of the Best Cryptocurrencies to Buy With $500 Right Now was originally published by The Motley Fool Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati