Chorus One | September Updates

Institutional Staking. Protocol Coverage. Research-Driven Insight.

October 01, 2025

As we ramp up to a busy fall conference season, we carry with us the momentum of a productive September where we placed strong focus on four core pillars: 1) security, 2) product, 3) clarity and 4) growth.

  • Security is everyone's focus in staking. We took time to explore the recent security issues with an API integration that led to a $41M loss, and explained  why our SDK-first integration.

  • Product expansion by adding to our toolkit with Rewards Reporting, a redesigned Staking dApp, and the launch of the Chorus One Earn Widget.

  • Clarity through our latest legal research on ETFs, Taxation and Reporting, and the evolution of Digital Asset Treasuries (DATs).

  • Growth in reward performance as the leading provider on Solana in August and via new partnership with FalconX.

This month’s newsletter brings together insights, product enhancements, and collaborations that strengthen the foundation of institutional staking, all while keeping security front and center.

Recently we saw the devastating impact of how an insecure API integration can compromise otherwise secure on-chain assets. While staking protocols themselves remain resilient, with delegators retaining full control of their tokens, the integration layer is often where risk is introduced. In this case, transaction crafting  was outsourced to a third-party API, creating a single point of failure. Once that system was compromised, losses followed.

The key takeaway for institutions: staking becomes fragile when operational trust replaces cryptographic guarantees.

At Chorus One, we design for SDK-first integrations to give institutions verifiable security without outsourcing trust. Combined with our Rewards Dashboard and Solana Rewards API, teams can achieve both operational efficiency and cryptographic assurance.

At Chorus One, our mission is to make staking Simple, Scalable and Secure for our institutional partners. This month, we’re highlighting three products that embody that vision:

🆕 The Chorus One Earn Widget

Introducing a plug-and-play staking solution for FinTechs, wallets, and DeFi platforms. Our Earn Widget can be embedded directly into apps and websites, offering staking with minimal development effort.

  • Instant integration via iFrame.

  • Seamless user experience with wallet connections and built-in flows.

  • Customizable design to fit partner branding.

  • Future-ready with one-click enablement for new asset support.

🌐 The Chorus One Staking dApp

Our staking dApp continues to expand, giving users a smoother, faster, and more intuitive experience from stake to reward.

  • Supports 12 protocols (and counting): widening your earn opportunities.

  • Seamless network switching: move between networks effortlessly.

  • Real-time monitoring: track delegations and rewards in one standardised experience.

📊 Rewards Reporting

Tracking staking rewards across chains can be complex. Our Rewards Reporting suite provides audit-ready data and standardized outputs across 20+ protocols.

  • Rewards Guide: Comprehensive reference for finance, tax, and operations teams.

  • Rewards Dashboard: Unified view of staking activity with downloadable CSV/Excel reports.

  • Solana Rewards API: Programmatic access to epoch-level rewards, validator commissions, and historical snapshots.

September opened with a series of new insights from our Head of Legal, Adam Sand, tackling the future of institutional staking, ETFs, and treasury management:

📄 Digital Asset Treasuries (DATs)

At Chorus One, we see DATs as pioneers bridging two financial systems: traditional corporate finance and decentralized infrastructure. Our latest whitepaper by Leeor Shimron (Head of Sales, Americas & Forbes Contributor) and Adam Sand (Head of Legal) explores this transformation in depth, including case studies and strategic frameworks for institutions. Download our DATs Whitepaper

🧾 Reporting & Taxation

As treasuries adopt staking, restaking, and DeFi strategies, accurate reporting has become a strategic necessity. Every reward is a taxable event, and without robust, auditable data, teams risk compliance issues and operational inefficiencies. Learn More about Reporting

📊 Can Spot ETH ETFs Offer Staking?

With the approval of spot ETH ETFs, the next question is whether staking rewards can be integrated into these products. Our analysis explores the regulatory, technical, and market considerations, and what it would take for ETFs to incorporate staking while remaining compliant. Read Our Full Analysis

🔮 The Future of ETF Staking and Multi-Yield Protocols

The launch of the first SOL + Staking ETF marks a turning point in U.S. markets, signaling that staking rewards are entering regulated investment products. Looking ahead, innovations like Distributed Validator Technology (DVT) and restaking could add new layers of resilience and efficiency, but also bring operational and regulatory complexity. Our latest analysis explores how ETFs may evolve to integrate these mechanisms while balancing innovation with compliance. Read the Full Article

💡 Treasury 3.0 Capital Efficiency Through Staking, Restaking & DeFi

Institutional treasuries are moving beyond single-layer staking into multi-layer reward strategies that combine liquid staking, restaking, and DeFi integrations. This approach, Treasury 3.0, enables greater capital efficiency while preserving custody, compliance, and transparency. With enterprise-grade infrastructure and reporting now available, these strategies are becoming finance-ready, unlocking a new standard for on-chain treasury management. Read the Treasury 3.0 Article

We continued strengthening our ecosystem presence with impactful new partnerships:

FalconX & Hyperliquid

We have partnered with FalconX, a leading prime brokerage, to bring our institutional-grade staking services to Hyperliquid, the revolutionary L1 blockchain transforming on-chain finance. Hyperliquid combines the speed of centralized exchanges with the transparency of DeFi, processing billions in daily trading volume while maintaining decentralization.

Delphi Digital

We joined forces to launch an Institutional-grade validator on Solana. By bringing together Delphi’s in-depth research and protocol strategy with Chorus One’s secure, ISO-certified validator infrastructure, this partnership is based on a shared commitment to strengthening high-performance blockchains through principled, on-chain contribution.

MEV Zone (AVAX)

We’re proud to announce our partnership with MEV Zone, a permissionless protocol bringing transparent and standardized MEV extraction to Avalanche. By implementing Proposer-Builder Separation (PBS), MEV Zone enables validators to assemble blocks from builders, unlocking additional rewards while ensuring fairer and more efficient markets.

These collaborations enhance the staking experience for institutions while reinforcing our role as the trusted partner for institutional-grade infrastructure.