Kiln is the leading institutional onchain asset and yield management platform, enabling institutions to generate yield on their digital assets and empower users with direct access to onchain yield. In 2025, Kiln surpassed $18 billion in assets delegated, providing access to yield across more than 30 proof-of-stake networks through native staking and institutional-grade vault infrastructure. Kiln operates enterprise-grade, multi-cloud onchain infrastructure and is SOC 2 Type II compliant, underscoring its security and institutional readiness.
In the United States, Kiln is expanding its footprint by deepening relationships with key ecosystem participants and embedding itself within the local institutional and regulatory landscape. We are deepening commercial relationships with U.S.-based custodians, asset managers, infrastructure providers, and industry groups, driving growing adoption and opening new business opportunities across the U.S. market. This expansion reflects Kiln’s long-term commitment to the U.S. and its belief in the country’s central role in the future of onchain finance. Kiln’s U.S. growth was reinforced by an increasingly constructive policy environment in Washington and across U.S. regulatory agencies, enabling more substantive engagement with regulators and policymakers. In parallel, Kiln contributes to industry education efforts, including educational days run in collaboration with the Blockchain Association.
Compliance, policy, and onchain yield infrastructure remain priority areas. Kiln engages with U.S. regulators including the SEC and the CFTC to advance clarity around staking and vault-based infrastructure, as well as emerging policy considerations related to onchain asset management. Its focus is on ensuring staking and vault infrastructure are clearly distinguished from financial intermediation, while supporting responsible innovation grounded in transparency, consumer protection, and financial stability. Kiln has built strong partnerships with U.S. institutions and infrastructure providers such as VanEck, BitGo, and Fireblocks, progressively embedding its services into the domestic financial ecosystem.