Northstake Partners with Coinify to Offer Regulated Institutional Staking Services
Our partnership with Coinify has reached the media and we are honored to be featured in Bloomberg.
For a quick summary of the article:
Northstake has partnered with Coinify, a global virtual currency platform. This collaboration aims to meet the growing demand from institutional and high-net-worth investors for secure and compliant crypto-staking opportunities. As part of the partnership, Northstake will extend its regulated staking services to Coinify's premium client base, offering them a more secure way to generate yields on crypto assets. In return, Coinify will offer Northstake's clients access to its white-glove OTC desk, known as Coinify+, enabling secure and efficient cryptocurrency transactions.
Both Northstake and Coinify are emphasizing the importance of regulatory compliance and risk management in the fast-evolving digital asset landscape. Northstake aims to minimize counterparty and legal risks by adhering to strict anti-money laundering protocols. Coinify also places a strong emphasis on regulatory compliance and security, operating under international laws such as the EU 5th Anti-Money Laundering Directive.
The partnership represents a significant step towards bridging traditional finance with the crypto world, by providing institutional clients a regulated and secure avenue for virtual asset staking and investments.
Link to full article here:
https://www.bloomberg.com/press-releases/2023-08-15/northstake-partners-with-coinify-to-offer-regulated-institutional-staking-services