Derived from Chainwire, Luminary, a modern banking platform, and Colossus Digital, a technical provider for the institutional digital asset market, have partnered to deliver compliant, enterprise-grade yield services for international businesses. The collaboration allows users to maintain full custody of their assets while accessing staking opportunities through Luminary’s regulated platform, powered by Colossus Digital’s delegation mechanisms. This non-custodial approach avoids pooled liquidity and rehypothecation, enabling businesses to earn native staking rewards without exposure to de-pegging or liquidity risks. Colossus Digital supports staking across more than 30 blockchain networks, allowing for diversified, multi-chain strategies. Luminary enables businesses to generate yield in a secure, compliant, and operationally efficient manner, forming a fully licensed institutional-grade stack for the Web3 ecosystem.
Luminary Bank and Colossus Digital Partner to Offer Non-Custodial Yield Services
ChainwireShare
Summary
Luminary Bank and Colossus Digital have joined forces to offer non-custodial yield services for the digital asset market. The partnership enables businesses to stake assets securely via Luminary’s regulated platform, using Colossus’ delegation tech. Users retain full custody, avoiding liquidity risks and de-pegging. With support for over 30 blockchains, the service opens altcoins to watch for diversified staking strategies. The solution is fully compliant and built for institutional-grade Web3 operations.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.