The collaboration between DNA Fund and Validation Circle will bring US$50 million worth of SOC 2 compliant staking to TON.
Web3 investment firm, DNA Fund, has partnered with Web3 infrastructure platform, Validation Cloud, to deploy, manage, and monitor validators across emerging and leading crypto networks.
Validation Cloud’s staking infrastructure ensures DNA client funds are protected with SOC 2 compliance, 24/7 monitoring, and institutional-grade uptime. DNA clients have the potential to reap higher staking rewards through Validation Cloud’s performance.
“Validation Cloud is proud to partner with DNA Fund to deliver our highly performant and SOC 2 Type II compliant staking infrastructure, which will power DNA’s diverse investment portfolio and safeguard client funds. By deploying our TON validator, we’re advancing the institutional adoption of TON to meet the growing demand for scalable, secure digital asset solutions. This is the first of many initiatives to support DNA Fund’s innovative investment strategy,” said Validation Cloud Chief Strategy Officer Alex Nwaka.
The first phase of the partnership will see Validation Cloud deploying a new US$50 million TON validator with DNA Fund. Once the total validator slots has been filled, DNA expects to launch an ETN, lowering the barrier to entry for institutional investors looking to invest in the TON network.
“We believe in the future of the Telegram Network and have allocated a significant amount of capital to owning its underlying asset, “TON”. We continue to explore ways by which to enhance our relationships with the TON community and help the entrepreneurs who are building on top of this unique platform,” stated Scott Walker, Director of DNA.
