The post Chorus One Joins Forces With Ledger Enterprise To Boost Global Adoption of Institutional-Grade Crypto Staking appeared on BitcoinEthereumNews.com. ChorusThe post Chorus One Joins Forces With Ledger Enterprise To Boost Global Adoption of Institutional-Grade Crypto Staking appeared on BitcoinEthereumNews.com. Chorus

Chorus One Joins Forces With Ledger Enterprise To Boost Global Adoption of Institutional-Grade Crypto Staking

  • Chorus One has partnered with Ledger Enterprise to catalyze global institutional-grade staking.
  • Global Ledger Enterprise users can now access secure, governance-ready staking infrastructure.
  • Chorus One secures over $3.5 billion from dozens of blockchains led by Ethereum.
  • Crypto staking has gained global popularity among institutional staking, hitting over $256 Billion on Ethereum.

Chorus One is taking institutional-grade staking to new and higher reality with a strategic partnership with Ledger Enterprise. The highly decorated institutional staking provider will offer seamless multi-chain staking to millions of global users, thereby accelerating the mainstream adoption of digital assets and catalyzing financial freedom.

“Companies are adopting digital assets at a rapid pace worldwide, but uncompromising security and governance remain fundamental prerequisites. By integrating Chorus One’s staking infrastructure into the Ledger Enterprise platform, we make it simpler for institutions to earn staking yields with security and governance,” Sébastien Badault, Executive Vice President at Ledger Enterprise, stated.

Chorus One joined forces with Ledger Enterprise to catalyze global adoption of institutional-grade staking. The need for secure and regulatory-compliant crypto staking has surged in tandem with the rising adoption of digital assets and Web3 protocols globally.

The strategic partnership will help Ledger Enterprise users access tested and approved staking products. The platform, in turn, will benefit from Chorus One by retaining its global market reach and attracting more organic users.

Ultimately, both Chorus One and Ledger Enterprise will be aligned with the global regulatory frameworks, which unanimously promote secure adoption of digital assets and Web3 products.

“Institutions need staking solutions that match their security, compliance, and operational requirements,” said Damien Scanlon, Chief Product Officer at Chorus One.

The Market Impact

Chorus One has grown organically with its support for more than 30 Web3 protocols and the strategic launch of new staking products and interfaces. At press time, Chorus One has a total of about $3.5 billion in total value staked (TVS). As such, its TVS is well-positioned to grow in the near future with the help of Ledger Enterprise, catalyzed by the expected 2026 crypto bull market.

Ledger Enterprise serves top-tier Web3 institutional investors led by crypto exchanges, custodians, and asset managers. As such, Chorus One’s products –  such as ETH Staking Vault, and Chorus One Earn – will organically grow both in the near and long-term.

“Integrating with Ledger Enterprise allows us to deliver a streamlined staking experience that keeps governance firmly in the hands of the client while providing the performance and reliability Chorus One is known for,” Scanlon added.

Why it Matters

The strategic partnership between Chorus One and Ledger Enterprise is a much-needed fuel to catalyze the mainstream adoption of digital assets. Web3 projects have been adding staking features for both crypto assets and stablecoins fueled by rising global regulatory clarity, led by the United States.

For instance, the Ethereum network has attracted significant staking investors, currently hovering around 77.9 million ETH, which represents about 46.6% of its total supply. Meanwhile, Chorus One has facilitated the staking of Ether valued at about $1.02 billion and so far paid more than $300 million in rewards for its ETH staking pool.

Source: X

According to Badault, the collaboration with Chorus One will catalyze the growth rate for institutional-grade staking as the partners will complement each other. 

“This partnership delivers the best of both worlds: high-performance staking combined with robust self-custody,” Badault said in a posted statement.

Source: https://thenewscrypto.com/chorus-one-joins-forces-with-ledger-enterprise-to-boost-global-adoption-of-institutional-grade-crypto-staking/

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