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Hex Trust x Chorus One: Institutional-grade staking

Chorus One
Chorus One
August 27, 2024
5 min read
August 27, 2024
5 min read

We're thrilled to partner with Hex Trust, a leading licensed digital asset custodian. This collaboration combines Chorus One's institutional-grade staking infrastructure with Hex Trust's robust custody services, enhancing Hex Trust's offerings and providing more clients with advanced staking solutions.

"Chorus One is excited to collaborate with Hex Trust to expand staking services. This partnership aligns perfectly with our commitment to making staking accessible, secure, and fully compliant for institutional clients." — Brian Crain, CEO of Chorus One

Why Did Hex Trust Choose Chorus One?

Chorus One has maintained a proven track record as a leader in institutional-grade staking. With the largest network support in the industry and an ISO 27001:2022 certification, we are well-positioned to support Hex Trust in delivering high-quality staking services to its clients. This partnership combines an APAC-based licensed custodian with a leading staking provider to deliver compliant and secure staking options across the region.

Benefits of Staking for Institutions

Staking in Proof-of-Stake (PoS) blockchains presents a compelling opportunity for institutions like Hex Trust. It provides a secure and predictable way to generate rewards, leveraging the native token inflation and transaction fees of the blockchain. This results in a consistent revenue stream that is less volatile than traditional crypto trading.

Moreover, by participating in staking, institutions not only earn rewards but also contribute to the overall security and governance of the network. This active involvement helps strengthen the network's reliability and promotes the long-term growth of the Web3 ecosystem, aligning with the broader goals of financial innovation and digital asset adoption.

About Hex Trust

Established in 2018, Hex Trust is a fully licensed digital asset custodian dedicated to providing comprehensive services for protocols, foundations, financial institutions, and the Web3 ecosystem. Hex Trust offers a suite of services including custody, DeFi, brokerage, and more, all built on a regulated infrastructure. For more information, visit hextrust.com or follow Hex Trust on LinkedIn, X (formerly Twitter), and Telegram.

Hex Trust Disclaimer: Products or services mentioned in this material are subject to legal and regulatory requirements in applicable jurisdictions and may not be available in all jurisdictions.

About Chorus One

Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.

This partnership marks a significant step in our shared mission to make staking more accessible and secure for institutional clients. We look forward to the continued growth and success of this collaboration.