HashKey Cloud and BitGo partner on non-custodial staking for institutions

HashKey Cloud and BitGo have formed a strategic partnership to offer institutional non-custodial staking, allowing clients to participate in proof-of-stake networks without moving assets outside BitGo’s custody framework. HashKey Cloud will provide validator services while BitGo maintains the custody relationship and related security controls, targeting exchanges, asset managers, exchange-traded funds, investment funds and corporate clients. The companies described the service as secure and efficient, but did not disclose a launch date, supported assets, fees, eligible markets or whether any exclusive validator arrangement is involved. HashKey Cloud’s platform publicly lists more than 40 supported blockchains, including Ethereum, Solana, BNB Chain, Avalanche, Polygon, Cosmos, Polkadot, Aptos and Sui, though the agreement does not confirm all of those networks will be available through BitGo. The structure reflects a broader institutional push to combine staking access with regulated custody, reporting and governance controls. Staking can generate protocol rewards, but it also exposes investors to risks including slashing, validator downtime, changing reward rates and unbonding delays. HashKey Cloud says it offers monitoring, validator reporting, non-custodial staking and slashing coverage, although it has not said whether that coverage will apply to every BitGo client. The partnership also includes plans to explore cooperation in real-world asset tokenization, transaction settlement and custody infrastructure globally, but no product, customer, transaction or timetable was announced for those areas. BitGo has recently expanded custody-linked staking and institutional onchain access, while HashKey Cloud has been involved in regulated staking projects in Asia, including acting as node operator for HashKey Exchange’s Ethereum staking service in Hong Kong.