# Blockdaemon Expands Institutional AVAX Staking Support with Avalanche Foundation

By:

Conor Keville

Blockdaemon expands institutional staking support on Avalanche.

Blockdaemon has long supported AVAX staking and now offers institutions a simpler path to delegate on Avalanche. With Foundation-backed validator support, Blockdaemon can provide greater staking capacity while reducing the operational and capital burden historically placed on customers.

Blockdaemon is operating a new public Blockdaemon staking validator on the Avalanche blockchain, giving institutions access to trusted AVAX staking infrastructure built to support delegation at scale.

## **Blockdaemon Offers Trusted Validator Support for Avalanche**

With this new validator, Blockdaemon is expanding its validator footprint on Avalanche and increasing the capacity available for institutional staking.

The validator is built to help attract at least 2 million additional AVAX for delegation and operates with a 2% commission fee on participatory rewards.

For institutions exploring AVAX staking with Blockdaemon, contact our team to learn more about delegation requirements, onboarding, and validator support.