Staked
Staked is a company.
Active
Updated: ·
Financial History
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Leadership Team
Key people at Staked.
Staked is a company.
Key people at Staked.
Key people at Staked.
Staked is a non-custodial staking infrastructure provider that enables cryptocurrency holders, particularly institutions, to earn yields on proof-of-stake (PoS) assets by running staking nodes securely and scalably. It supports over 45 PoS blockchains with more than $10 billion in delegated assets, serving exchanges, wallets, investment funds, and custodians through its platform that optimizes rewards without custody of user funds.[1][2][5] The company solves the problem of complex node operations for passive income in crypto, offering white-labeled solutions, simplified reporting, and 24/7 support, which has driven growth to become the leading staking provider trusted by major players like Kraken, which acquired it in December 2021.[2][5]
Staked was founded in April 2018 by Tim Ogilvie (CEO), Seth Riney (CTO), and Jonathan Marcus (COO and VP of Product), all experienced entrepreneurs from internet and tech startups. Ogilvie previously founded Adbuyer.com (sold to Mediaocean in 2011) and YC-backed Think Gaming; Riney founded PlanetTran and worked at OwnerIQ; Marcus founded Goodsie.com and Flavors.me.[3][4] The idea emerged to help institutional investors stake or lend PoS crypto holdings for block rewards, addressing the technical barriers of running server software. Early traction came swiftly: in January 2019, Staked raised a $4.5 million seed round led by Pantera Capital, with Coinbase Ventures, Digital Currency Group, Winklevoss Capital, and others, planning support for 20 assets by year-end and adding lending features.[3] This funding fueled expansion, culminating in Kraken's acquisition in December 2021.[1][2]
Staked rides the explosive growth of PoS blockchains, where staking secures networks and generates yields amid Ethereum's shift to PoS and the rise of layer-1s like Solana and Cosmos, shifting crypto from speculative trading to yield-bearing assets.[1][5] Timing aligns with institutional adoption—post-2021 bull market, funds and exchanges seek passive income without operational hassle, amplified by regulatory clarity on staking. Market forces like $10BN+ delegated assets favor Staked's infrastructure, influencing the ecosystem by enabling broader participation, reducing centralization risks in PoS (e.g., via decentralized node running), and powering products like trusts that bridge TradFi and crypto yields.[2][5][6]
Post-Kraken acquisition, Staked will likely expand to more PoS chains (already adding "several more soon") and deepen integrations with custodians amid maturing staking markets projected to grow with Bitcoin ETFs and ETH staking unlocks.[5] Trends like restaking, AI-blockchain hybrids (e.g., Bittensor at 17% yield), and regulatory tailwinds will shape its path, potentially evolving influence toward dominating institutional yield infrastructure as PoS TVL surges. This positions Staked as the go-to partner compounding crypto holdings reliably, echoing its founding mission to simplify yields in a maturing asset class.[1][2][5]
