NORTHSTAKE builds streamlined and regulatory compliant crypto staking products for institutional investors. All funds are held and staked in compliance with current AML/CTF directives and EU’s upcoming Markets in Crypto Assets (MiCA) regulation. NORTHSTAKE, a registered Custodian and Virtual Asset Service Provider with the Danish FSA, ensures full control of validators nodes and flow-of-funds to for operational security and regulatory compliance to enable audited and regulated crypto staking products with verified source of funds and no comingling of assets.
NORTHSTAKE was founded by Jesper Johansen and Jesper Mathias Nielsen, both former technology consultants from Deloitte and Accenture with more than 20 years combined experience. You can learn more about the tech team behind NORTHSTAKE here About | Northstake.
NORTHSTAKE’s board and advisory group includes Kirstine Damkjær (International Finance Corporation, Denmark’s Export Credit Agency and Formuepleje), Claus Nielsen (former Head of Markets at Saxo Bank), Hans Henrik Hoffmeyer (Coinify, Nets), Kavita Gupta (GP at Delta Blockchain Fund, Consensys Ventures), Richard Breiter (GP at Preseed Ventures), Michael Jackson (Skype, Mangrove Capital Partners, Fabric Ventures), and Payam Samarghandi (DAI Foundation).
NORTHSTAKE’s technology team is lead by CTO Stefan Larsen, who holds a Ph.D in Robot Technology and more than 10 years experience in software engineering, and CSO Emil Bay, an accomplished mathematician and cryptographer, who has built and developed blockchains, peer-to-peer networks, custody solutions and smart contracts for a.o. Bitfinex, Heimdall and Ethereum.
NORTHSTAKE has been running validator nodes on more than 15 other networks since November 2021. The full list of currently supported networks is available Staking | Northstake.
NORTHSTAKE nodes have never been slashed and generally have uptime in the top 5% of validators on any supported network, guaranteeing uptime of 99% in our client contracts.
Northstake employs multi-layer security measures, including cold storage, multisignature wallets, and 24/7 monitoring to ensure the highest level of security for its clients’ assets and its own validator keys.
Northstake uses MPC-CMP technology with hardware isolation from Fireblocks, an industry leader in MPC-CMP technology.
Northstake is ISAE3402 SOC 1 (being) audited and operates with transaction authorization policies that ensure that unauthorised transactions on both the clients’ side and Northstake’s side is prevented.
NORTHSTAKE typically submits to its clients’ vendor due diligence processes and have various security related material ready at hand, which can be shared upon request.
NORTHSTAKE uses an array of monitoring tools to continuously observe the performance, effectiveness and uptime of our node infrastructure and related backend services.
NORTHSTAKE operates nodes both in the cloud on dedicated VMs in EU on-shore in tier 2/3 data centres in replicated site redundant setups leveraging the services of Azure, AWS, GCP and on bare metal leveraging Servers.com.
Please do not hesitate to reach out to us on either Telegram or Discord.
stefan | northstake#6284
NORTHSTAKE only validates on networks, where we know we can contribute beyond running a node.
In terms of community governance participation we have historically created and released network specific research, partaken in advisory groups and made our position on various improvement proposals well-known. Specifically in relation to VEGA, we are well positioned to contribute with insightful perspectives through NORTHSTAKE CSO and VEGA contributor Emil Bay.