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Bison Trails Announces Collaboration with Coinbase Custody to Enable Secure Polkadot Staking

This integration combines Coinbase Custody’s institutional-grade offline storage solution with the Bison Trails infrastructure platform, allowing Coinbase Custody clients to seamlessly stake their DOT to Bison Trails’ validators.

Bison Trails Announces Collaboration with Coinbase Custody to Enable Secure Polkadot Staking

Apr 14 2020 By Bison Trails

New York, April 14, 2020 — Bison Trails, the premier blockchain infrastructure-as-a-service company announced today an integration with Coinbase Custody. This integration combines Coinbase Custody’s institutional-grade offline storage solution with the Bison Trails infrastructure platform, allowing Coinbase Custody clients to seamlessly stake their DOT to Bison Trails’ validators. At launch, Bison Trails will support the Polkadot protocol with support for more protocols to follow in the near future.

This integration represents a collaboration between Coinbase Custody, one of the first custodians to offer staking from offline storage of assets, and Bison Trails, the leading blockchain infrastructure provider that enables secure participation in a wide range of blockchain networks securely. Through this integration, Coinbase Custody clients may delegate DOT tokens to Bison Trails validators, helping secure the Polkadot protocol and earn participatory rewards.

“For people who custody with Coinbase Custody, and want to stake with secure and highly available Bison Trails validators, this integration is a game-changer,” said Joe Lalloz, CEO of Bison Trails. “DOT holders now have the unique ability to utilize both our leading blockchain infrastructure and the leading custodian of crypto assets to ensure tokens are secure and that they are earning participatory rewards.”

“Staking is an increasingly important element of the crypto ecosystem. It provides Coinbase Custody clients, many of whom have obligations to their investors, with a crypto-native way to participate in network rewards while also contributing to the security and governance of the ecosystem,” offered Sam McIngvale, CEO of Coinbase Custody. “Working with partners like Bison Trails allows us to offer our clients an easy way to participate in Proof of Stake networks like Polkadot (DOT) at launch. We look forward to offering more crypto-native features for our clients in the future.”

Bison Trails is ready to provide a seamless and secure staking integration for Coinbase Custody customers, making it incredibly easy for Coinbase Custody clients to participate in securing Polkadot and earn staking rewards.


About Coinbase Custody

Launched in 2018, Coinbase Custody offers its clients access to the secure, institutional-grade offline storage solution used by Coinbase’s exchange businesses since 2012. Coinbase Custody is regulated by the New York State Department of Financial Services and is an independent entity built on Coinbase’s crypto-first DNA. All customer digital assets are segregated, held in trust for the benefit of our clients, and protected by an industry-leading insurance program. Coinbase Custody currently offers support for more than 37 digital assets. For more information, visit https://custody.coinbase.com.


Bison Trails: Pioneering Blockchain Infrastructure®


Our mission is to provide superior infrastructure on multiple blockchains, to strengthen the entire ecosystem, and enable the pioneers of tomorrow.

Bison Trails is an Infrastructure-as-a-Service company, based in New York City, specifically focused on blockchain participation. We’ve built a platform for anyone who wants to participate in new chains effortlessly (e.g. by running Cosmos Validators, Tezos Bakers, and Libra Validators, etc.)—without having to invest time and resources into developing any of the engineering, protocol, dev ops, or security competencies in-house. Our goal is for the entire blockchain ecosystem to flourish by providing robust infrastructure for the pioneers of tomorrow.


Media Coverage:

  1. Cointelegraph: Bison Trails Announces Integration With Coinbase Custody / Apr 14, 2020
  2. CoinDesk: Coinbase Custody to Support Polkadot Staking With up to 20% Returns / Apr 14, 2020
  3. Decrypt: Libra member Bison Trails teams with Coinbase for Polkadot staking / Apr 14, 2020
  4. Daily Hodl: Bitcoin Exchange Coinbase Boosts Support for Decentralized Web With Integrations for Crypto Traders and Institutional Clients / Apr 14, 2020
  5. The Block: Coinbase Custody to let its clients stake Polkadot’s DOT tokens via Bison Trails / Apr 14, 2020

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THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY. PLEASE DO NOT CONSTRUE ANY SUCH INFORMATION OR OTHER MATERIAL CONTAINED IN THIS DOCUMENT AS LEGAL, TAX, INVESTMENT, FINANCIAL, OR OTHER ADVICE. THIS DOCUMENT AND THE INFORMATION CONTAINED HEREIN IS NOT A RECOMMENDATION OR ENDORSEMENT OF ANY DIGITAL ASSET, PROTOCOL, NETWORK OR PROJECT. HOWEVER, BISON TRAILS (INCLUDING ITS AFFILIATES AND/OR EMPLOYEES) MAY HAVE, OR MAY IN THE FUTURE HAVE, A SIGNIFICANT FINANCIAL INTEREST IN, AND MAY RECEIVE COMPENSATION FOR SERVICES RELATED TO, ONE OR MORE OF THE DIGITAL ASSETS, PROTOCOLS, NETWORKS, ENTITIES, PROJECTS AND/OR VENTURES DISCUSSED HEREIN.

THE RISK OF LOSS IN CRYPTOCURRENCY, INCLUDING STAKING, CAN BE SUBSTANTIAL AND NOTHING HEREIN IS INTENDED TO BE A GUARANTEE AGAINST THE POSSIBILITY OF LOSS. THIS DOCUMENT AND THE CONTENT CONTAINED HEREIN ARE BASED ON INFORMATION WHICH IS BELIEVED TO BE RELIABLE AND HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT BISON TRAILS MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE FAIRNESS, ACCURACY, ADEQUACY, REASONABLENESS OR COMPLETENESS OF SUCH INFORMATION.

ANY USE OF BISON TRAILS’ SERVICES MAY BE CONTINGENT ON COMPLETION OF BISON TRAILS’ ONBOARDING PROCESS, INCLUDING ENTRANCE INTO APPLICABLE LEGAL DOCUMENTATION AND WILL BE, AT ALL TIMES, SUBJECT TO AND GOVERNED BY BISON TRAILS’ POLICIES, INCLUDING WITHOUT LIMITATION, ITS TERMS OF SERVICE AND PRIVACY POLICY, AS MAY BE AMENDED FROM TIME TO TIME.

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