Validation Cloud Unveils Staking-as-a-Service Platform for Institutional Investors

Web3 infrastructure platform Validation Cloud has made a significant stride in catering to institutional stakers with the launch of its innovative staking-as-a-service platform. The new platform empowers institutions to deploy validators at scale and reap rewards through smart contract automation. It also offers on-demand staking options while maintaining a non-custodial framework. Validation Cloud has gone the extra mile to ensure the highest level of data security, with SOC2 compliance as its cornerstone.

SOC2, an acronym for Systems and Organization Controls 2, is a voluntary compliance standard defined by the American Institute of Certified Public Accountants. This standard sets the bar for data security and encompasses five crucial principles: security, privacy, confidentiality, processing integrity, and availability. Institutions using Validation Cloud’s staking-as-a-service platform can rest assured that their data and customer information are held to the highest standards of security.

Addressing Institutional Stakers’ Unique Needs

Alex Nwaka, the Chief Strategy Officer of Validation Cloud, shared insights into the thought process behind the platform’s design. He emphasized that Validation Cloud’s solution was tailored to meet the specific requirements of institutional staking providers. Nwaka stated, “Validation Cloud has developed our offering in response to the unmet needs of institutional staking partners, namely the ability to stake client assets on-demand and automatically split rewards transparently on-chain.”

One of the key features of this platform is the ability to stake client assets as needed. This on-demand staking feature gives institutions a level of flexibility that was previously unavailable. Furthermore, the transparent reward distribution on-chain eliminates any ambiguity and streamlines the process for all parties involved.

Enabling Scalability and Cost Reduction

Nwaka also highlighted how Validation Cloud’s platform can be a game-changer for institutional stakers. He noted that these features enable their partners to scale their staking programs while minimizing administrative costs typically associated with non-custodial institutional staking. This not only enhances operational efficiency but also makes it more attractive for institutions to enter the staking space.

Nwaka also emphasized the significant market implications of institutions venturing into the staking arena. He stated, “The market implications of institutions entering the staking space are massive — an exponential step change in the amount of assets being staked and a complete shift in service provider requirements, specifically performance, scale and compliance.” This shift is expected to usher in a new era in the staking industry, with Validation Cloud at the forefront of this transformation.

As the blockchain and cryptocurrency ecosystem continues to evolve, Validation Cloud’s staking-as-a-service platform provides institutions with the tools they need to securely and efficiently participate in the staking process. With SOC2 compliance and a focus on meeting the unique needs of institutional stakers, Validation Cloud is poised to play a pivotal role in the ever-expanding Web3 landscape.

Source: https://blockchainreporter.net/validation-cloud-unveils-staking-as-a-service-platform-for-institutional-investors/