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Utila Partners with Twinstake to Empower Institutions with Secure TON Staking Solutions
  • Press Release
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    Utila

Utila Partners with Twinstake to Empower Institutions with Secure TON Staking Solutions

Utila, the leading institutional crypto operations platform and enterprise-grade MPC wallet provider, today announced a strategic partnership with Twinstake, a pioneering institutional-grade, non-custodial staking provider to offer secure TON staking solutions for institutions. This collaboration empowers institutional investors to securely participate in TON staking and generate attractive yields on their digital assets.

Unlocking the Potential of TON Staking for Institutions

The Open Network (TON) is a rapidly growing decentralized blockchain platform well-known for its speed and scalability. TON aims to put crypto in every pocket and is making digital ownership easy for billions, by building the Web3 ecosystem in Telegram. TON’s innovative architecture makes it ideal for micro-transactions and decentralized applications development.

TON boasts a rapidly growing blockchain ecosystem with significant potential for institutional investment. The Utila and Twinstake partnership addresses the critical need for secure and compliant staking solutions in this emerging market.

Key Features:

The Utila-Twinstake integration provides several key benefits for institutional users:

  • Seamless User Experience: Institutions can effortlessly manage TON staking activities directly via the Utila platform, streamlining their workflow.
  • Enhanced Security: Utila’s MPC wallets ensure complete asset control for institutions, while Twinstake’s secure non-custodial staking guarantees the safety of staked TON Coins. The staking operation is MPC-protected and secured by our elaborate governance and approval mechanism.
  • Unparalleled Transparency: Transaction details are available in Utila mobile app and console, providing complete visibility and control throughout the staking process.

Bentzi Rabi, Co-Founder and CEO of Utila says:

“This partnership is a significant step forward for institutions looking to explore the exciting opportunities within the TON ecosystem. By leveraging Twinstake’s expertise in secure TON staking and Utila’s robust MPC wallet infrastructure, we offer a seamless and secure solution for institutions to participate in TON staking while maintaining complete control over their assets.”

Andrew Gibb , CEO of Twinstake, added:

“We are thrilled to partner with Utila to empower institutions with secure and reliable TON staking solutions. By combining our expertise, we offer a unique value proposition for institutions looking to capitalize on the growth potential of TON while prioritizing best-in-class security practices.”

Utila and Twinstake, together, empower institutions to confidently navigate the complexities of digital asset staking. By combining Utila’s robust platform with Twinstake’s staking expertise, this partnership offers secure, efficient, and compliant TON staking solutions for institutions.

About Twinstake

Twinstake is an institutional-grade, non-custodial staking provider designed and built in collaboration with leaders in the digital assets & traditional finance space. We help leading asset managers, hedge funds, venture capital firms, web3 foundations, exchanges and other institutions achieve their core staking objectives across numerous protocols. The platform offers institutional-grade security and uncompromising Know Your Client (KYC) procedures. It plugs seamlessly into client staking workflows through integration with leading custodians. Twinstake also features comprehensive reporting, data and staking analytics across an ever-increasing portfolio of assets.

To learn more, visit https://twinstake.io/ 

About Utila

Utila is an enterprise-grade crypto operations platform and an institutional MPC wallet provider. Utila enables organizations of all sizes to securely manage digital assets across multiple blockchains, wallets, and users on a single platform, without any complexity. We simplify digital asset management and crypto operations for institutions without compromising on security or usability. We offer a secure, non-custodial, chain-agnostic, enterprise wallet platform powered by MPC key management and a robust policy engine. Trusted by industry leaders, Utila has secured over $10 Billion in transactions since launch and is growing rapidly.

To learn more, visit https://utila.io/

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