Kiln, an enterprise-grade validator has become a validator on Core Chain, a Bitcoin powered Layer-1 blockchain. The strategic partnership enhances the network’s security and decentralization, as Kiln is trusted for managing large-scale Bitcoin staking.
Kiln is recognized for its seamless and secure management of staking operations. The company provides a suite of smart contracts that facilitate staking through on-chain contracts, enabling users to join Kiln’s staking pools and earn rewards with a simple transaction. Kiln currently manages 1,168,288 staked ETH, representing nearly $3 billion in assets under management.
‘We are excited to support Core Chain as a node operator. Core Chain helps leverage the BTC network and provide more programmability to it via EVM compatibility. It also helps increase the utility of BTC for holders, and we’re thrilled to support the protocol. ’ — Ernest Oppetit, Co-founder and CPO at Kiln
"We're excited to have Kiln join as a validator on Core Chain, supporting Core in its Bitcoin Aligned mission. Kiln's reliability and trustworthiness make it a perfect partner for securing the Core Blockchain and enabling Core’s newly announced non-custodial Bitcoin staking product." says Brendon Sedo, Initial Contributor to Core.
On the Ethereum blockchain, Kiln is the largest operator of validator nodes, managing over 4% of the network’s validators. The company’s expertise in secure validation makes Kiln a preferred choice for institutional clients. With SDKs and APIs to facilitate integrations, Kiln’s staking pools offer a low-level approach to staking and even allow dedicated validators for certain clients.
About Kiln
Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake assets, and to whitelabel staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, and data and commission management. With over $7 billion crypto assets being programmatically staked, Kiln has a particularly strong track record on Ethereum as we run about 5% of the network; this includes 43,000+ active validators with 0 slashing events.
About Core
Core is a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi beginning with the first ever implementation of Non-Custodial BTC Staking and the world’s first yield bearing BTC ETP. Core is the most Bitcoin-aligned EVM blockchain with ~55% of Bitcoin mining hash power contributing to the network’s security and over 4,800 BTC natively staked in exchange for unlocking Bitcoin utility and rewards. This breakthrough has amassed millions of Core adopters - over 19M unique addresses and 260M transactions since its mainnet launch in January 2023.