Custody Provider Finoa & Node Operator Staking Facilities join forces for strategic partnership
We are thrilled to announce our partnership with the Berlin based custody provider Finoa. Our partnership enables Proof of Stake token holders to earn passive income on their digital assets while enjoying the benefits of a seamless custody solution.
Today, we are happy to announce our strategic partnership with Finoa, a qualified custodian and digital asset management platform supervised by the German Federal Financial Supervisory Authority (BaFin). The Berlin-based startup is backed by notable investors, has a reputable network of partners and advisors as well as a proven track record. Finoa’s “warm custody” technology facilitates the secure storage of crypto assets while being accessible at all times. Through Finoa, professional and institutional investors and can enjoy a broad spectrum of digital asset management solutions.
We are delighted to support Finoa with our industry-grade, highly secure staking architecture. Our custom-built, bare-metal servers are deployed at tier 3+ datacenters and a combination of different security measures together with state-of-the-art monitoring ensures high availability, security and fast response times. A seamless integration of our services in Finoa’s product suite, enables their customers to earn staking rewards on their digital assets and constitutes a all-in-one platform for the management of yield-bearing crypto assets.
While the partnership is kicked-off with a focus on the Tezos blockchain, we already look forward to integrating Staking services of other networks to their product suit. Partnering with a professional custody provider is a major step on our mission to develop industry standards for convenient staking with compelling project selection while retaining the highest security standards.