KODA Expands Ethereum Staking Services Through Partnership with Figment

Korea Digital Asset (KODA) is expanding its ETH (Ethereum) staking services for institutional clients in collaboration with Figment. On the 7th, KODA announced that it has signed a partnership with Figment to enhance its staking infrastructure. Through this collaboration, KODA's clients can stake their entrusted Ethereum while maintaining their existing custody framework, linking it to Figment's validator infrastructure to earn rewards. Clients can participate in staking without the need to build validator nodes directly or go through complex procedures. KODA plans to enhance asset utilization for institutional clients and promote its Digital Asset Treasury (DAT) strategy through this partnership. KODA's CEO, Jo Jin-seok, stated that they will support clients in participating in staking safely and obtaining additional rewards. Eva Lawrence, Figment's Chief Revenue Officer, mentioned that this partnership provides a way for Korean institutions to receive staking rewards while maintaining their existing custody framework.

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