what's MAVAN (Made-in-America Validator Network)?
MAVAN is BitMine's Ethereum validator network, designed as a Made-in-America infrastructure for secure and reliable staking operations. It leverages domestic hosting to enhance security, uptime, and performance, targeting institutional-grade Ethereum staking. BitMine, a crypto firm with significant ETH holdings, developed MAVAN to transition from ETH accumulation to yield generation through staking. The network collaborates with multiple staking service providers, conducting pilots to optimize rewards before full commercial rollout planned for early 2026.
MAVAN staked an additional 101,776 ETH ($219M) in the week ending March 24, 2026.
Staked an additional 101,776 ETH (approximately $219 million) during the week ending March 24, 2026.
Launched institutional Ethereum staking platform on March 26, 2026, holding 3.14M ETH staked, generating $252M annual revenue and $300M annual yield. Plans to migrate $6.8B in staked ETH and expand to other PoS networks.
Generated over $1M in daily revenue in partnership with CESR.
Tom Lee acquired MAVAN, an Ethereum staking company managing billions of staked ETH. Bitmine launched an ETH staking platform built on MAVAN on March 25, 2026, for post-quantum security.