Staked, a blockchain infrastructure and investment manager, provides institutional investors with a new tool in which they can invest in Ether (ETH) and earn equity rewards on the Ethereum 2.0 signaling chain.
The company said Thursday that the Staked ETH Trust is now accepting the Certified Investor private placement. Trust allows investors to directly access Ether and receive rewards for their holdings. Return on investment in ETH is expected to be 8%.
The company said Trust acts as a traditional investment tool “combining the complexity of owning and placing ETH in a simple and secure structure.”
Staked CEO Tim Ogilvy said the ability to earn rewards for the effort put in is one of the most important features of investing in cryptocurrencies. However, the effort process is not intuitive for most investors, except for early adopters and cryptocurrency enthusiasts. Organizations require specialized storage mechanisms, a high level of technical expertise, and patience to keep assets locked in smart contracts indefinitely.
“As the attractiveness of our cryptocurrency grows, so does the desire to win shares. […] With the Staked Eth2.0 Trust, we are drastically reducing entry barriers for traditional investors. Participation will increase dramatically. ”
Investors participating in the fund bear 1% of the cost of custody, legal, accounting and sponsorship fees.
Staked has carved a strong niche in PoS Networks. It currently manages the vulnerable infrastructure on more than 40 PoS blockchains and supports $ 4 billion in delegated assets.
The launch of Ethereum 2.0 puts the developer network on the path to the PoS model. As Cointelegraph previously reported, Eth2 players will not be able to withdraw or transfer their bets until the first phase of the protocol update is launched – a process that could take several years.
Eth2 update confirmed November 2020, Beacon Chain will be established on December 1, 2020.