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Bitmine Launches Institutional ETH Staking Platform
Yahoo Finance· 2026-03-25 15:57AI Processing
Bitmine has launched MAVAN, an institutional Ethereum staking platform built on its existing validator infrastructure that targets custodians, exchanges, and institutional investors seeking U.S.-based validator infrastructure. What's the Scoop? Scale: Bitmine holds 4.66 million ETH total, representing 3.86% of total supply. Of that, 3.14 million ETH is already staked, valued at about $6.8 billion at current prices. Migration Plans: The company staked 101,776 ETH worth about $219 million to MAVAN in the p ...