Ethereum

<p>South Korean blockchain fintech company Infinite Block announced on Monday (local time) that it has opened a <a href="https://www.news1.kr/articles/5199674" rel="noopener noreferrer nofollow">custody-based Ethereum staking service</a> offering corporate clients the ability to earn passive income through their Ethereum holdings.</p><p>“This launch is significant as it is the first-ever staking service exclusively for corporations in the domestic blockchain industry, lowering the technological barriers to blockchain access,” said Jeong Gu-tae, CEO of Infinite Block.</p><h2 id="header-0">Secure Ethereum staking</h2><p>The service will be offered on the company’s proprietary custody platform KARBON, and businesses can stake their Ethereum holdings and share a 4% annual yield of their investment with KARBON at an agreed ratio. They can benefit from the security and convenience of earning rewards during the staking period without ever having to entrust their custodial assets to an external wallet address, the company said.</p><p>Customers utilizing KARBON will not only have access to secure storage of their assets but will also be able to save on fees through staking.</p><p>“Starting with Ethereum, we will gradually expand our staking services, focusing on highly reliable virtual assets,” Jeong explained.</p><h2 id="header-1">Boosting credibility</h2><p>This comes after the company <a href="https://medium.com/&#64;coinness.gl/infinite-block-receives-certification-for-information-security-management-system-of-blockchain-1bc168066967" rel="noopener noreferrer nofollow">obtained ISO 27001 certification</a> for the information security management system of its upcoming blockchain platform from Lloyd’s Register Quality Assurance (LRQA), a UK-based global assurance provider.</p><p><a href="https://medium.com/tag/ethereum?source&#61;post_page-----87200af7b745---------------ethereum-----------------" rel="noopener noreferrer nofollow"> </a></p>

Infinite Block Launches Ethereum Staking Service for Corporations

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