Finoa announces support for Nillion network, offers staking and custody services at mainnet launch
Finoa is thrilled to announce our full support for the upcoming Alpha Mainnet launch. As part of our commitment to supporting the web3 space's most innovative projects, we will provide institutional-grade custody and staking services for the Nillion token (NIL) from the start of the Public Launch. Our regulated, secure, and user-friendly Finoa platform will power these operations. Nillion marks Finoa’s latest protocol integration in the web3 ecosystem.
Nillion, Simplified
Nillion is a decentralized data storage and computation network designed to ensure privacy and security for high-value, sensitive data. Through its modular architecture, it utilizes advanced cryptographic techniques like blind computation, multi-party computation (MPC), and homomorphic encryption (HE). This enables secure processing of encrypted data without decryption, unlocking opportunities for secure AI, healthcare solutions, and private data workflows. Nillion empowers builders to create privacy-preserving applications, ensuring both secure workflows and enhanced data confidentiality.
For more detailed information, visit Nillion's official documentation.
Finoa and Nillion (NIL) Staking
NIL Staking via Finoa, powered by Finoa Consensus Services, will enable our clients to support the security and decentralization of the Nillion network while earning staking rewards right from day one.
Nillion mainnet launch and Finoa's role
The Nillion Mainnet launch marks a significant milestone for the Nillion ecosystem and the broader web3 space. Finoa is proud to partner with Nillion during this critical phase, supporting the network's ongoing innovations and enabling institutional participation.
We are eager to witness the continued development of the Nillion network and assist our users in capitalizing on this momentous launch. Our team is ready to provide expert support, from staking setup to asset security and productivity.
Christopher May, Co-Founder and CEO: "We’ve been closely following Nillion’s innovative approach to data security and decentralized computation, and we’re excited to support them as they launch. With the increasing demand for privacy-preserving solutions in both the blockchain and AI sectors, Nillion's technology has the potential to transform industries. This partnership reflects our commitment to backing projects that are pushing the boundaries of what is possible in both crypto and AI.”
About Finoa
Founded in 2018 in Berlin/Germany, Finoa is the leading European digital asset custodian and
staking provider, enabling institutional access to the ever-growing crypto asset ecosystem. The company’s offering includes custody, staking, and brokerage, with an emphasis on security, regulatory compliance, and white-glove customer service. Finoa's intuitive platform enables its customers to securely store, stake, and manage their assets, making it a trusted partner for institutional investors and crypto companies globally. Finoa is a regulated financial institution under the supervision of the German Federal Financial Supervisory Authority (BaFin). For more information about Finoa's services, please visit www.finoa.io.