May 4, 2021

METACO Integrates Tezos Staking Functionalities into Digital Asset Orchestration System

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  • Integration addresses market demand for institutional-grade staking infrastructure 

Lausanne, Switzerland – May 4, 2021 – METACO, the leading provider of security-critical infrastructure to the digital asset ecosystem, announced an integration with Tezos, the decentralized, public blockchain that evolves by upgrading itself. One of the original proof-of-stake blockchain protocols, Tezos has a market cap in excess of $4 billion – a pioneer redefining value exchange in a digitally connected world.

METACO has integrated support for tez (XTZ), the native token of the Tezos ecosystem, into Harmonize, its digital asset orchestration system. Harmonize orchestrates digital asset management for banks and institutions across numerous use cases from decentralized finance (DeFi), to tokenization, cryptocurrency custody, and smart contract management. Support will also enable institutions to manage a comprehensive list of functionalities on the Tezos blockchain, including staking capabilities, via both delegated staking services, which allow clients to generate low-interest rewards from joining shared staking pools, or staking directly to dedicated validators. 

Adrien Treccani, CEO and Founder at METACO, commented,

As the institutional adoption of digital assets accelerates, investors are gaining a broader appetite for crypto assets, with interest in the areas of DeFi, staking, and tokenization gathering momentum. As a result, orchestration of these complex capabilities and interactions across an increasingly diverse set of digital asset applications has become a core need for many institutions. METACO Harmonize, our digital asset orchestration system, provides institutions with the requisite flexibility to address this need. Integrating Tezos, a leading proof-of-stake blockchain, into our orchestration system demonstrates our industry-leading innovation in delivering clients the cutting-edge technology and flexibility they need to stay apace with the rapidly evolving digital assets ecosystem.”

METACO Harmonize provides an end-to-end solution for functionalities on Tezos and other major proof-of-stake and DeFi protocols, including; Aave, Uniswap, and Compound, making METACO the leading choice for institutions looking to incorporate staking and DeFi into their digital asset use-case. Harmonize is the orchestration layer for a range of sub-products that allow institutions and firms of all sizes to seamlessly integrate potential future use-cases into their infrastructure as they evolve. 

Born in 2014, Tezos was one of the first protocols to use proof-of-stake consensus, designed to be truly scalable, decentralized, and empower network stakeholders. A self-upgradable blockchain, Tezos enables dynamic innovation through a governance structure that allows stakeholders to vote on changes to the network. 

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Seamus Donoghue, VP of Strategic Alliances at METACO is available for interview.

About METACO

METACO is the leading provider of security-critical infrastructure enabling financial institutions to enter the digital asset ecosystem. The company is trusted by top banks, exchanges and infrastructure providers globally. 

Founded in 2015, METACO brings together a diverse team of industry specialists in software, security, cryptography and banking to transform the financial services industry. The company is deeply integrated into the banking sector through a growing network of strategic partners and institutional shareholders

About Tezos

Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today. 

To learn more, visit Tezos.com

Media Contact

Wachsman
Maud Honner, Senior Consultant | E: maud@wachsman.com | P: +353 87 249 9198

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