Unlocking Institutional Crypto Assets: The Secure Staking Revolution with Colossus Institutional Hub
Colossus leverages Fireblocks to bridge the gap between custody and staking
Safety is a top priority when it comes to blockchain, which is why custody is one of the most important aspects to consider when we talk about crypto and digital assets. Customers need is reliable, efficient and most of all, secure. This need is especially compelling amongst institutional clients.
Taking a closer look the Proof Of Stake world, which accounts for more than $600 billion in assets today, we are diving into the realms of staking and yield generation, concepts which usually clash with the term custody, leading institutional clients to choose between safeguarded but “locked” assets, or assets which are able to generate yield but are susceptible to major risks.
Until now.
Utilizing Fireblocks’ robust enterprise-grade infrastructure, Colossus has built an innovative platform geared at institutions called the Institutional Hub. When we talk about PoS/dPoS, we are talking about valuable digital assets that need to be safeguarded, and this is especially true when these assets belong to institutional clients. But we could never talk about Proof Of Stake without first referencing the Staking Hub’s core pillars:
"Staking from Custody": Colossus offers a unique solution designed for asset managers, VCs, and institutional players, ensuring custody doesn't lead to unproductive assets. By integrating with over 16 chains, Colossus enables staking functions directly from custody, unlocking the potential of otherwise stagnant assets while maintaining full control.
"Raw Signing Functions": Colossus has developed a solution that allows for the crafting of "Raw Signing Functions" that allow PoS Blockchain functionalities directly from custody, including reward claiming, asset monitoring, and many more features. This innovative feature ensures customers don't miss out on rewards while maintaining their existing security procedures.
"Dashboard Integration": In response to customer demand for live asset data, Colossus offers a set of APIs and an online dashboard that can be seamlessly integrated into Portfolio Management Systems.
Customers can customize and control their assets, without the need to change custody platform as the staking hub can be integrated to each customers custody instance. The option to integrate personal HSMs or implement Self Custody solutions for added security and flexibility is available upon request.
What has been built? We aimed to create a connection between Fireblocks' battle-tested custody technology and the demand from institutional clients for more flexibility with their assets under custody, while still maintaining the highest level of security.
Currently, these assets are securely stored but cannot be utilized to earn yields.
In the ever evolving scenario of the blockchain space, we know the value which time holds, which is why with our solution and by leveraging Fireblocks, institutional clients can now stake their assets and monitor them directly from custody, finally changing the paradigm that an asset under custody is an unproductive asset.
Our Staking functions are directly integrated from Custody, are already battle-tested on more than 20 chains, ensuring seamless functionality for both our clients and our partners' clients. Our platform stands out by allowing and empowering institutions to seamlessly monitor their staking activities, ensuring they maintain complete ownership of their assets directly from custody. Additionally, it offers flexibility in devising and implementing staking strategies. This aligns perfectly with the principles of decentralization, fostering a more secure and transparent digital asset environment.
Colossus, an OAM-regulated custodian, prioritizes security, with nodes being monitored 24/7 and Custody being provided by the best providers in the industry, including Fireblocks and Ledger Enterprise.