BlockDaemon joins forces with OBOL to integrate distributed validators

BlockDaemon, a well-known blockchain infrastructure entity, has announced a new partnership with Obol Collective, a decentralized platform dedicated to improving security for Ethereum ($ETH) staking. This partnership strives to strengthen institutional staking for businesses, custodians and exchanges. The platform used social media to reveal this development.

Blockdaemon and Obol Collective work together to broaden systemic staking

The Blockdaemon and Obol Collective partnership focuses on strengthening agency staking. As a well-known institutional-scale node operator, BlockDaemon promotes staking services for businesses, custodians and exchanges. Now, in collaboration with Obol Collective, distributed validators are incorporated into its staking ecosystem. This illustrates key steps to strengthen decentralization, performance, and resilience when staking Ethereum and the rest of the certification platform.

Blockdaemon's chief Defi and Protocols Officer Demetrios Skalkotos also commented on the development. According to him, OBOL Collective's efficient distributed validators demonstrate notable advances in the infrastructure and staking sector world. Destroy single point of failure to improve scalability and security.

Setting up benchmarks for wider institutional staking with the highest security and risk-adjusted returns

Separately, Anthony Bertolino, Vice President of Ecosystem at DV Labs, also expressed his thoughts on the initiative. The executive highlighted the importance of this development, saying agencies need infrastructure that enhances security, risk-adjusted returns and performance. With this in mind, the OBOL distributed validator provides all of this. Furthermore, the adoption of Blockdaemon has also established an exclusive benchmark for broader institutional staking.