Finoa integrates Meta Pool and launches the first custodial liquid staking of $NEAR for institutional investors | Crypto Square


The alliance between Finoa and Meta Pool offers for the first time the opportunity to do custodial liquid staking to institutional investors and corporations.

finoa, the first crypto asset custody solution, today announces its partnership with Meta Pool, the leading liquid staking solution for the protocol NEAR. The partnership will allow institutions and corporations to accumulate staking rewards while managing to unlock liquidity to engage 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 demanded by institutional investors.

Goal Pool andIt is the leading liquid staking solution for holders of $NEAR and wNEAR crypto tokens on the NEAR protocol and dawn. 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 It provides access to institutional investors and token holders to participate through a secure and regulated platform to a selection of projects in the crypto ecosystem.

The staking experience ensures optimal capital efficiency for a crypto asset holding, and the detailed reporting tools enable the needs of enterprise-level clients to be met.

Co-Founder and Co-CEO Henrik Gebbing commented on the partnership: “We have been supporting the NEAR ecosystem since day one and are excited to work with the Meta Pool team to further facilitate institutional engagement, growth and decentralization of the network. ”

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

About Finoa

Finoa provides institutional access to the ever-growing ecosystem of crypto assets, with extensive asset coverage and out-of-the-box support for emerging blockchain protocols and on-demand projects. Founded in 2018 by Christopher May and Henrik Gebbing, the firm offers institutional investors a full range of financial services including custody and staking. Finoa’s intuitive platform allows users to securely store and manage their assets, regardless of their level of familiarity with cryptocurrencies. As a regulated escrow service (§64y KWG), the company serves high-profile clients from all over the world. world, including renowned venture capital firms, crypto hedge funds, companies 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 staking NEAR, maintaining liquidity to participate in the DeFi protocols in NEAR and Aurora. Users staking with $NEAR and wNEAR in Goal Pool rThey receive stNEAR tokens (staked NEAR) in exchange. This process solves the problems associated with Proof-of-stake networks, liquidity, immobility and accessibility. Meta Pool also distributes the staking share among multiple validators to improve the censorship resistance of the NEAR network and support the decentralization of the protocol.