Institutional Staking Platform Kiln Raises €17M with ConsenSys Involved

Institutional staking platform Kiln announced it has raised €17m in a funding round co-led by Blockdaemon and Illuminate Financial, with participation from ConsenSys, Kraken, GSR, LeadBlock Partners, Sparkle Ventures and others.

Kiln provides staking services to institutional clients, and it also enables wallets, custodians and exchanges to integrate staking services via its API.