Kiln Raises €17M in Funding


Kiln, a Paris, France-based enterprise-grade staking technology platform provider, raised €17M in funding.

The round was led by Illuminate Financial with participation Consensys, GSR, Kraken Ventures, Leadblock Partners, Sparkle Ventures, XBTO, 3KVC, Blue Yard Capital, SV Angel and Alven.

The company intends to use the funds to expand its staking infrastructure product range.

Co-founded by CEO Laszlo Szabo, CPO Ernest Oppetit, and COO Thomas de Phuoc, Kiln is an enterprise-grade staking technology provider, with over $500 million of assets staked under management. The company already offers a large product range which includes:

  • Kiln Connect, which provides a single SDK to integrate staking, rewards data, and your custodian on all major PoS blockchains
  • Kiln On-Chain, which provides smart contracts for seamless ETH staking, any amount of ETH and automated rewards management
  • Kiln Dashboard, which provides a staking dashboard, administration interface, reporting and data exporting
  • Kiln Validators, a suite of dedicated or shared validators, with enterprise-grade SLAs, deployed on our multi-cloud Kubernetes infrastructure

Customers include companies such as Binance US, GSR and Ledger.