Staked

Staked provides technical infrastructure that lets institutional investors and other cryptocurrency holders earn staking rewards from proof-of-stake networks without taking custody of their assets. The company operates the node software on clients' behalf, so that holders can make allocation decisions while Staked handles the operational work of running always-online validator nodes that record network transactions and participate in block production. Co-founder and CEO Tim Ogilvie described the service as an alternative to proof-of-work mining, assigning block-production rights in proportion to a holder's stake in a network rather than through computational puzzles, and cited rates of roughly 5-50% on staked holdings.

Staked's staking dashboard for reporting and Ethereum validators has moved to Kraken Staking at staking.kraken.com, where existing Staked accounts continue to work. The staking.staked.us domain now serves Kraken's institutional staking offering, which covers custodial staking from assets held in Kraken Custody and non-custodial staking across 40 protocols, with block-level transaction reporting for compliance, accounting and performance tracking, and support for assets including ETH, SOL, TAO, AVAX, TON, BNB, IP, CC and NEAR.

Founding story

Tim Ogilvie co-founded Staked after exploring several blockchain-related businesses and concluding that staking was central to projects then attracting venture and crypto-community funding, and that proof-of-work mining was an inefficient use of resources. In an interview he said the company had been started 18 months earlier to help holders earn returns on their crypto. Before Staked, Ogilvie spent about 20 years starting and operating technology companies, including Y Combinator-backed Think Gaming, a SaaS data platform for mobile games, and AdBuyer.com, an early demand-side platform sold to Mediaocean; he was also a pre-launch employee at Interactive Search Holdings and Pronto, both sold to IAC/InterActiveCorp, and holds a B.S. in computer science from Yale University.

Business model

Staked operates validator nodes and staking infrastructure on behalf of asset holders, who retain their assets non-custodially while accruing protocol staking rewards. Reporting and dashboard tooling for validator performance and compliance accompanies the service. Under Kraken, related institutional staking is offered both from custodied assets in Kraken Custody and on a non-custodial basis, with fees deducted from staking rewards.

Traction

Ogilvie said the company had around 12 employees and probably thousands of customers, with leading crypto funds such as Multicoin, Pantera and Blocktree Capital among its most prominent clients.

Latest developments

Staked has moved to Kraken Staking: its staking dashboard for reporting and Ethereum validators is now at staking.kraken.com, existing Staked accounts continue to work there, and staked.us redirects to the new dashboard.