• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

First European Alternative Investment Fund Leveraging Ethereum Staking Launches, Targeting $150 Million USD

August 11, 2023 By Crypto Reporter PR

Northstake A/S, the digital asset staking provider regulated by the Danish Financial Authority, has announced its role as service provider to asset management investment firm GL21 CAPITAL’s brand new Ethereum Staking A/S fund. This is the first European alternative investment fund to include Ethereum staking.

Ethereum Staking A/S, managed by GL21 CAPITAL, has an initial target set at $150 million USD. The fund offers a conservatively estimated 4.8% ether yield through staking in addition to market returns, using Northstake’s underlying technology.

Jesper Johansen, Founder and CEO of Northstake, said: “The launch of this fund unlocks a new opportunity for institutional investors to generate yield from Ethereum, without having to hold crypto directly in their portfolios. Despite typically high barriers to entry for newcomers, we’re seeing more and more that traditional investors want exposure to crypto assets. Northstake is perfectly positioned to make stepping into this new arena vastly more accessible, safe, and compliant.”

Northstake’s multi-chain, custodial, digital asset staking platform allows fund managers, asset management firms, institutional investors, and beyond, to gain exposure to crypto assets by investing in a familiar financial instrument.

Northstake makes a concerted effort to minimize legal and compliance risks through AML compliance system, audited with proof of source of funds staked, and a unique withdrawal feature. The firm’s products reduce counterparty risk, as all investments are fully collateralized. Northstake also protects and segregates all client funds using multi-party computation (MPC) provided by Fireblocks which is cyber, tech, and crime insured.

Johansen concluded: “What separates Northstake from other staking and custody providers is our rigorous approach to security and compliance. We understand that in order to get involved with digital assets, institutional investors need to be sure of their providers’ risk profile, AML standards, and regulatory status. Northstake is pleased to offer minimal counterparty risk and to be fully regulated under the Danish Financial Supervisory Authority and the 5th EU Anti-Money Laundering Directive, offering investors peace of mind in this regard.”

About Northstake
Northstake is a highly-regulated, custodial, virtual asset service provider helping institutions mitigate risk and own a stake in future economies. Through its proprietary multi-chain crypto staking platform, Northstake facilitates institutional exposure to fully-collateralized, high-yield crypto assets while mitigating risk through a financially-regulated and compliant framework. Northstake offers a variety of investment vehicles including single, multi-asset, thematic staking, and yield-generating products in addition to a suite of OTC and algorithmic trading services. Based in Denmark, the company is spearheaded by a team of 12 people, carrying a wide breadth of expertise from the financial, regulation, technology, venture capital, digital assets, and blockchain industries. Northstake A/S (VASP, FTID: 17520) is regulated under the Danish Financial Supervisory Authority (DFSA) and the 5th EU Anti-Money Laundering Directive (AMLD5).

Filed Under: Press Releases

Primary Sidebar

Follow Us

Press Releases

Backed’s xStocks Go Live Today on Bybit, Kraken, and Solana DeFi

June 30, 2025

Zodia Custody Cements UAE Presence with Completion of Acquisition of Tungsten Custody Solutions

June 30, 2025

How to Launch Your Own Memecoin on MoonX.bet – No Coding Needed

June 30, 2025

Solana (SOL) and Shiba Inu (SHIB) Are Moving Again, But Little Pepe’s (LILPEPE) Potential to Turn $450 into $45000 is Going Viral

June 28, 2025

Top Meme Coins for 2025: Why Little Pepe (LILPEPE) Is Favored for a 5400% ROI Over Shiba Inu (SHIB) and Pepe Coin (PEPE)

June 27, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter