According to PANews, Blockdaemon, a provider of institutional blockchain infrastructure, has announced the launch of its DeFi and staking service, Earn Stack. This new offering aims to provide institutions with access to DeFi and staking opportunities across more than 50 protocols, along with access to numerous DeFi liquidity pools and cross-chain bridges.

Blockdaemon claims that Earn Stack adheres to the recent guidelines issued by the U.S. Securities and Exchange Commission (SEC), ensuring secure, non-custodial staking and simplifying entry into the DeFi space. The company emphasizes its focus on institutional clients, highlighting its ISO 27001 cybersecurity certification and compliance with SOC 2 standards for customer data management.

Konstantin Richter, the founder of Blockdaemon, stated that the platform enables one-click integration of multi-chain staking and DeFi functionalities through institutional-grade APIs. Additionally, it offers customized API services for liquidity aggregation, standardized staking access, and yield tracking.