Northstake A/S, a regulated asset service provider offering compliant staking products for institutions, has announced a strategic partnership with Kvarn Capital to provide delegated staking services to their clients on the NEAR Protocol. Kvarn is a leading professional and regulated partner that acts as a guide in the rapidly developing industry helping clients to better understand digital asset investing and asset management and allowing them to make better-informed investment decisions in Kvarn X professional brokerage and custody platform, but also via a unique offering of Alternative Investment Funds (AIFs) under the EU regulation. Through this collaboration, Northstake will enable staking services for all of Kvarn X’s brokerage clients ranging from institutions to individual investors.
Jesper Johansen, Founder and CEO of Northstake, said: “Our collaboration with Kvarn Capital marks a significant milestone for Northstake addressing the need for a digital asset provider and staking services for keen investors throughout the Nordic region. Until now, there have been limited services available to investors, and having established itself as a compliant and secure virtual asset service provider to multiple institutions, Northstake is now proud to support the rapid development of Kvarn Capital’s professional services. This collaboration paves the way for increased exposure for Kvarn’s growing clientele allowing them to interact with, invest in, and benefit from Northstake’s ecosystem.”
This partnership enhances the accessibility, utility, and appeal of NEAR by offering staking opportunities in a region where NEAR trading and staking services have been underserved. By gaining direct access to Northstake’s virtual assets services, Kvarn’s clients will be able to safely access institutional-grade staking services on the NEAR Protocol. Kvarn Capital was founded from the need to diversify wealth in digital assets via professional investment products and trading services. From investor to investor, Kvarn makes the digital assets space easier to understand and invest in. Through this partnership with Northstake, it is made even easier while also significantly expanding the adoption of the NEAR Protocol throughout Nordic countries. Kvarn helps its clients to better understand the value creation, risks, and growth drivers of the digital asset industry and in turn, align them with the best investment to fit their needs.
Joonas Järvinen, Founder of Kvarn Capital added: “We have found a great partner in Northstake and this partnership will further expand the investment opportunities in digital assets and provide investors across the Nordic region access to services in this fast-growing and rapidly evolving industry such as trading, custody, staking, and more, unlocking limitless investor potential for our clients in the Northstake ecosystem and further expanding the adoption of NEAR as the sector looks for more ways to invest in digital assets.”
Northstake is a fully regulated investment provider under the Danish Financial Supervisory Authority and the 5th EU Anti-Money Laundering Directive. Its mission is to enable professional clients to participate in staking, with minimal counterparty risk and full collateralization of investments. Northstake adheres to the highest possible standards to minimize legal and counterparty risks through anti-money laundering measures and audited proof of assets staked. Furthermore, Northstake protects all client funds using the multi-party computation (MPC) provided by Fireblocks.