HashKey Cloud and BitGo Launch Institutional Staking Partnership

HashKey Cloud and BitGo have formed a strategic partnership to offer institutional staking services. The partnership allows institutions to participate in network validation without moving their assets outside BitGo's custody framework.

Under the setup, HashKey Cloud will provide validator services while BitGo maintains the custody relationship and related security controls. This is described as 'secure and efficient non-custodial staking.'

The partnership targets exchanges, asset managers, exchange-traded funds, investment funds, and corporate clients seeking controlled on-chain participation.

HashKey Cloud operates staking infrastructure for institutions and professional investors, connecting validators to BitGo custody. The company promotes round-the-clock monitoring, validator reporting, non-custodial staking, and slashing coverage.