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.
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 is a blockchain infrastructure platform-as-a-service (PaaS) company based in New York City. We built a platform for anyone who wants to participate in 21 new chains effortlessly.
We also make it easy for anyone building Web 3.0 applications to connect to blockchain data from 33 protocols with Query & Transact (QT). Our goal is for the entire blockchain ecosystem to flourish by providing robust infrastructure for the pioneers of tomorrow.
In January, 2021, we announced Bison Trails joined Coinbase to accelerate our mission to provide easy-to-use blockchain infrastructure, now as a standalone product line. The Bison Trails platform will continue to support our customers. With Coinbase’s backing, we will enhance our infrastructure platform and make it even easier to participate in decentralized networks and build applications that connect to blockchain data.
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