what's Kiln?
Kiln is an enterprise-grade staking platform designed to enable institutional investors, custodians, wallets, and exchanges to stake digital assets securely across major proof-of-stake blockchains. It provides tools for running validators, managing commissions, and integrating staking functionality into client products via APIs and white-label solutions. Built on a multi-cloud, multi-region infrastructure, Kiln emphasizes decentralization by operating a significant portion of networks like Ethereum while supporting client diversity to enhance security and resilience. The platform handles over $4 billion in staked assets and runs validators on chains including Ethereum, Solana, and Algorand, allowing users to earn rewards through automated deployment and reporting features. Kiln's validator-agnostic approach enables seamless operations across providers, with a focus on compliance and uptime. It also facilitates DeFi integrations, enabling protocols to incorporate staking without managing underlying infrastructure complexities.
Kiln introduced institutional staking on TON blockchain.
Links
x.com/kiln_financeIntroduced institutional staking on TON blockchain.
Completed unstaking operations in September 2025, contributing to approximately 5% of ETH supply flow during July-December period.
Stablecoin staking for USDC, USDT, USDS, and DAI available through Ledger Wallet integration.
Selected Ethena as launch partner for Railnet product alongside curated DeFi and RWA assets.
Platform currently offline and expected to come back online, at which point Commit Boost (validator infrastructure it collaborates on) will reach approximately 40% of all staked ETH adoption from current 33%.
Total delegated staked assets reach $18B+, increased from $16B in previous reports.
Representative speaks at Cointelegraph Accelerator STARTUP CONNECT in Buenos Aires on November 20 during Devconnect, participating in founder and investor networking event.
Integration with Ledger Wallet enables Ethereum Pectra upgrade staking with support for more than 32 ETH, with zero service fees on staking rewards through year-end.
Representative Laszlo Szabo speaks at Chainlink SmartCon conference, calling for DeFi companies to collaborate on building a more secure space.
Integrates Chainlink Runtime Environment (CRE) live on Base network for automated vault execution and settlement workflows, and integrates Automated Compliance Engine (ACE) for KYC enforcement on select vaults. Platform manages over $16B in delegated staked assets.
Launches 4th bug bounty program through Cantina with $100,000 reward pool, targeting security testing of interfaces and APIs that power custody platform integrations and client dashboards.
Sponsors and speaks at Token2049's Stable Takes stablecoin-focused event, appearing alongside Tether, Ondo Finance, Transak, Polymer Labs, Pharos Network, and Perena.
Widget services are restored in Safe{Wallet} for ETH staking and DeFi following the previous security incident, while existing ETH stakers must withdraw assets as validator exits complete.
The validator exit process was specifically triggered by an investigation into a Solana incident involving SwissBorg, with apps deactivated through Safe{Wallet} and the exit process expected to complete within 10-30 days.
Kiln voluntarily exits all validators (~1.6 million ETH) due to internal security concerns, with ~700,000 ETH already added to exit queue, but the ETH is expected to be restaked with new keys rather than sold to market.
Kiln Finance exits all Ethereum staking positions as part of security procedures, contributing to increased exit queue activity.
Safe powers new Bitpanda self-custodial wallet with gasless transactions and 2-shard recovery, expanding DeFi accessibility through curated protocol integrations.
New Bitpanda DeFi Wallet integration enables yield generation on multiple assets for millions of users via Morpho.
New integration with InshAllah enables institutional-grade Halal Ethereum staking services.
Launches Web3SOC, first institutional framework for DeFi platform evaluation, in collaboration with major protocols.
TrustWallet integration attracts $18M in stablecoin yields within first week of launch via Morpho partnership.
New integration with Ledger Live launches, offering up to 9.9% APY on stablecoins to 7M+ users via major DeFi protocols.
New Ledger Live integration enables self-custody stablecoin yields through platform integration
Trust Wallet integrates yield generation as default earn engine, reaching millions of users through platform integration.
Appointed as Super Representative with new blockchain validation and security responsibilities.
Achieves Super Representative status on TRON network, gaining block production and governance rights.
Reached $10B milestone.