Colossus Digital provides the Institutional Hub, a platform enabling financial institutions to generate yield from digital assets through secure, non-custodial staking. This solution integrates directly with existing custody providers, allowing institutions to activate rewards protocols across numerous blockchains without moving assets. The platform emphasizes compliance, operational control, and real-time monitoring for institutional staking and DeFi activity.
Funding
$2.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Institutional investors face challenges in securely managing and staking digital assets due to the complexities of interacting with validator nodes and the limitations of existing custody solutions. Many custody solutions do not natively support staking, preventing institutions from generating yield on their digital asset holdings. This locks up capital and limits participation in Proof-of-Stake (PoS) networks.
Solution
Colossus Digital offers a platform that enables secure, compliant custodial staking for institutional clients. The platform, called Institutional Hub, allows institutions to delegate assets for staking even if those assets are not natively supported by their existing custody solutions. Colossus integrates with multiple custody providers and supports over 20 tokens for staking. The platform includes features such as a transaction lens tool for increased transparency, a portfolio overview for managing assets across wallets and nodes, and MPC (Multi-Party Computation) for enhanced transaction security.
Target Audience
The primary target audience includes asset managers and custodians seeking to generate yield from custodial digital assets in a secure and compliant manner.
Features
- Integration with Fireblocks, Ledger Enterprise, and Dfns custody solutions, with the ability to add new custody solutions.
- Support for 20+ tokens for staking.
- Transaction Lens Tool integration to eliminate blind signing and provide transaction transparency.
- Portfolio overview to manage assets across wallets, nodes, and unbonded funds.
- MPC (Multi-Party Computation) to enhance the security of transaction submissions.
- Average time of 2-4 weeks to add support for a new blockchain.