Finoa integrates Meta Pool and launches first liquid staking under custody of $NEAR for institutional investors | Crypto Plaza

The partnership between Finoa and Meta Pool offers for the first time the opportunity for liquid staking under custody to institutional and corporate investors.

Finoa, the first cryptocurrency escrow solution, today announced its partnership with Meta Pool, the leading cryptocurrency escrow solution. NEAR. The partnership will enable institutions and companies to accumulate stake rewards and unlock liquidity to participate in other DeFi activities. By integrating Meta Pool, Finoa will further promote the decentralization of the NEAR protocol while meeting the security and capital efficiency requirements of institutional investors.

Meta Pool eis the leading solution for liquid participation of $NEAR and wNEAR cryptographic token holders in the NEAR protocol, and Aurora. Founded in August 2021, Meta Pool created the stNEAR derivative, the most widely used liquid staking in the NEAR ecosystem. The partnership will expand Finoa’s offering to its institutional investors, allowing them to access more DeFi opportunities and generate additional returns on their investments.

Finoa provides institutional investors and token holders with access to a selection of projects in the crypto ecosystem through a secure and regulated platform.

The staking experience ensures optimal capital efficiency for a cryptocurrency holding company, while the detailed reporting tools enable it to meet the needs of enterprise-level clients.

Co-founder and co-CEO Henrik Gebbing commented on the partnership, “We have supported the NEAR ecosystem from day one and are excited to work with the Meta Pool team to further facilitate institutional participation, growth, and decentralization of the network.”

Claudio Cossio, co-founder of Meta Pool, added, “Liquid staking through custodial services will bring liquidity and security to NEAR. We know that Finoa meets the needs of institutional investors and high net worth individuals, which is why Finoa is positioned as a key partner for us. ”

About Finoa

Finoa offers institutional access to the growing cryptoasset ecosystem, with broad asset coverage and early-stage support for emerging blockchain protocols and on-demand projects. Founded in 2018 by Christopher May and Henrik Gebbing, the company offers institutional investors a full range of financial services, including custody and staking. Finoa’s intuitive platform allows users to safely store and manage their assets, regardless of their level of familiarity with cryptocurrencies. As a regulated custody service (§64y KWG), the company serves high-profile clients from around the world. world, including renowned venture capital firms, cryptocurrency hedge funds, corporations, and high net worth individuals.

About Meta Pool

Meta Pool is the leading liquid staking solution for NEAR Protocol ($NEAR) and Aurora Network (wNEAR) token holders.

With Meta Pool, you get rewards for wagers of. NEAR, Maintain liquidity to participate in DeFi protocols on NEAR and Aurora. Users betting with $NEAR and wNEAR on. Meta Pool rand receive stNEAR (staked NEAR) tokens in return. This process solves the problems associated with Proof-of-stake networks, liquidity, immovability, and accessibility. Meta Pool also distributes stake participation among multiple validators to improve the censorship resistance of the NEAR network and support protocol decentralization.