Tungsten and Twinstake announce partnership to combine Tungsten’s trusted digital asset custody with Twinstake’s top-performing staking capabilities
October 25, 2024Tungsten is pleased to announce a strategic partnership with Twinstake. This collaboration will enable Tungsten’s institutional clients to confidently stake their digital assets through Twinstake’s secure, non-custodial staking solutions.
Twinstake is the premier non-custodial staking provider for institutional clients, providing elite service and maximum performance to our clients. Twinstake offers extensive asset support, easy integration with custodial partners, a comprehensive approach to compliance and reporting, and the ability to build custom products to support our clients’ needs.
Tungsten furnishes institutions with a premier platform for the safeguarded and regulatory-compliant safeguarding of their digital assets. Aligned with Abu Dhabi’s 2030 digital asset strategy and regulated under the UAE’s stringent framework, Tungsten goes beyond custody solutions by facilitating institutional transactions with precision and mitigating risks in security, compliance, and operations. Its focus on meticulous execution and risk management establishes a new benchmark in virtual asset management.
By combining Tungsten’s secure digital asset custody with Twinstake’s proven staking solutions, institutions can access staking returns while keeping their assets under trusted custodianship. The integration simplifies the staking process, allowing institutions to focus on growth and performance without adding complexity to their operations.
“Twinstake and Tungsten share an institutional focus and a deep commitment to compliance and security,” said Andrew Gibb, Twinstake CEO. “We’re excited to work alongside Tungsten to provide their clients with the performance and security they require.”
“We are excited to partner with Twinstake, as this collaboration represents a significant step forward in expanding our product offering as a regulated institutional-grade digital asset custody provider,” said Jose Aguinaga, Tungsten Custody Solutions LTD SEO. “By working together, we will enhance the security and management of digital assets, providing even greater value to our clients. Twinstake’s innovative approach aligns with our commitment to delivering cutting-edge solutions, and we look forward to the opportunities this partnership will create in shaping the future of digital assets”
The partnership between Twinstake and Tungsten directly addresses the growing demand for compliant and scalable staking solutions among institutional investors. By combining Twinstake’s high-performance staking solutions with Tungsten’s trusted and secure custodial services, this collaboration provides clients with the ability to maximise their returns while maintaining the highest standards of security and regulatory compliance. By integrating staking and custody, the partnership between Twinstake and Tungsten delivers a streamlined, compliant, and efficient service model designed to meet the evolving needs of institutions.
About Twinstake
Twinstake is the premier non-custodial staking provider for institutional clients, providing elite service and maximum performance to our clients. Twinstake offers extensive asset support, easy integration with custodial partners, a comprehensive approach to compliance and reporting, and the ability to build custom products to support our clients’ needs.
To learn more about how Twinstake can enhance your staking strategy, visit twinstake.io or contact our team at info@twinstake.io.
About Tungsten
Tungsten provides secure, regulated digital assets custody for leading institutional investors, providing peace of mind for clients by safely storing digital assets and precisely executing transactions. Tungsten’s purpose-built technology is managed at its headquarters in the UAE. With a world-class team of experts, Tungsten minimises operational and geopolitical risks so clients can confidently invest in digital assets.
Tungsten Custody Solutions Ltd is Regulated by the ADGM Financial Services Regulatory Authority with Financial Services Permission Number 220129.
To learn more about Tungsten, visit tungsten.ae
Disclaimer: Twinstake does not provide staking services to retail customers. This briefing note is not intended as a promotion, offer, invitation or solicitation for the purchase or sale of any investment, nor is it intended to give rise to any other legal relations whatsoever and must not be relied upon for the purposes of any investment decision. It does not constitute financial, legal, or investment advice. If you do not have the relevant professional experience in matters relating to crypto asset investments, you should not consider this briefing note to be directed at you. This briefing note and the information in it are not directed at, or intended to be made available to, retail customers. It is directed only at persons who are professional investors (for the purposes of the Alternative Investment Fund Managers Directive (2011/61/EU) (known as ‘AIFMD’); professional clients or eligible counterparties for the purposes of the Markets in Financial Instruments Directive (Directive 2004/39/EC) (known as ‘MiFID’); if you are in the UK, to “Investment Professionals” or “High Net Worth Companies” as defined in s.19 and s.49 respectively of the Financial Promotions Order, or as otherwise defined under applicable local regulations and at whom this briefing note and the information in it may lawfully be directed in any relevant jurisdiction. The appearance of any third-party hyperlinks or third-party reference in the briefing note does not constitute an endorsement, guarantee, warranty, or recommendation by Twinstake. Do conduct your own due diligence before deciding to use any third-party services. Twinstake shall have no liability for any loss or damage that may arise directly or indirectly from the use of or reliance on the information provided herein or for any errors or omissions in the information.