August 29, 2023
 min read

Northstake Partners with Coinify to Offer Regulated Institutional Staking Services

Louise Hallersbo

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: