Chorus One Partners with Ledger Enterprise to Enhance Institutional-Grade Crypto Staking

Chorus One has teamed up with Ledger Enterprise to drive the global adoption of institutional-grade crypto staking. As digital asset adoption accelerates worldwide, ensuring uncompromising security and governance is critical for institutions. Sébastien Badault, Executive Vice President at Ledger Enterprise, emphasized, "By integrating Chorus One’s staking infrastructure into the Ledger Enterprise platform, we make it simpler for institutions to earn staking yields with security and governance.”

Key Takeaways

Chorus One and Ledger Enterprise will collaborate to promote secure, institutional-grade crypto staking.
The partnership aims to meet the growing demand for regulatory-compliant staking solutions as digital assets gain traction.
The combined influence of both firms is expected to enhance security in the adoption of Web3 products while increasing user accessibility.
Chorus One currently supports over 30 Web3 protocols and manages approximately $3.5 billion in total value staked.
This partnership is projected to boost the growth of both companies in anticipation of a potential 2026 crypto bull market.

Market Insights

Chorus One has established itself organically, supporting more than 30 Web3 protocols and strategically launching new staking products and interfaces. As of now, Chorus One manages around $3.5 billion in total value staked (TVS). This position is expected to strengthen with the assistance of Ledger Enterprise, especially looking ahead to a predicted bull market in 2026.

Ledger Enterprise caters to high-profile Web3 institutional investors, including crypto exchanges, custodians, and asset managers. Consequently, Chorus One’s offerings, like the ETH Staking Vault and Chorus One Earn, are positioned for organic growth in both the short and long term.

Damien Scanlon, Chief Product Officer at Chorus One, noted, "Integrating with Ledger Enterprise allows us to deliver a streamlined staking experience that keeps governance firmly in the hands of the client while providing the performance and reliability Chorus One is known for.”

Importance of the Partnership

The alliance between Chorus One and Ledger Enterprise is a significant step forward in promoting mainstream adoption of digital assets. The rise in regulatory clarity, especially from the United States, has encouraged Web3 projects to incorporate staking features for both crypto assets and stablecoins.

For example, the Ethereum network has seen considerable staking activity, with approximately 77.9 million ETH staked — accounting for around 46.6% of its total supply. Chorus One has played a crucial role in this growth, facilitating the staking of Ether worth about $1.02 billion and distributing over $300 million in rewards to its ETH staking pool.

Source: X

According to Badault, the collaboration with Chorus One will significantly enhance the growth rate for institutional-grade staking as both partners provide unique advantages. "This partnership delivers the best of both worlds: high-performance staking combined with robust self-custody," he stated.