BitMine, the largest public owner of Ethereum $ETH , has announced the launch of its own staking platform MAVAN (Made in America VAlidator Network).

The solution is aimed at institutional clients and combines infrastructure in the USA with a globally distributed architecture. This allows for both local validation and servicing users around the world, according to the press release.

The platform was initially created to service BitMine's own Ethereum treasury. In the future, the company plans to open access for institutional investors, custodians, and ecosystem partners.

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