HashKey Cloud and BitGo have formed a strategic partnership to offer non-custodial staking services to institutional clients. According to reports from the partnership announcement, HashKey Cloud will provide validator infrastructure while institutions keep staking assets within BitGo's custody framework securely. The partnership targets exchanges, asset managers, exchange-traded funds, investment funds and corporate clients seeking controlled onchain participation through established operational controls.
Under the planned setup, institutions can participate in network validation without moving their assets outside BitGo's custody framework. As reported by the companies, HashKey Cloud will provide validator services, while BitGo will maintain the custody relationship and related security controls. The companies described the service as 'secure and efficient non-custodial staking' but did not disclose a launch date, supported assets, fees or eligible markets. The partnership announcement did not identify any exclusive validator arrangement.
HashKey Cloud operates staking infrastructure for institutions and professional investors with its public platform listing more than 40 supported blockchains, including Ethereum, Solana, BNB Chain, Avalanche, Polygon, Cosmos, Polkadot, Aptos and Sui. According to the company's platform details, HashKey Cloud promotes round-the-clock monitoring, validator reporting, non-custodial staking and slashing coverage. However, the new BitGo agreement does not confirm that every supported network will be available through the partnership.
Both companies plan cooperation on tokenized assets, transaction settlement and institutional custody infrastructure globally. As reported in the partnership announcement, the companies said they will explore wider cooperation in real-world asset tokenization, transaction settlement and custody. However, they did not announce a product, customer, transaction or timetable for those areas, with the wording describing possible future work rather than services available at launch.
The partnership joins a broader move to connect staking with regulated custody, reporting and governance systems. According to industry reports, institutions often require asset segregation, approval workflows, audited records and defined liability terms before using onchain services. BitGo has been expanding its institutional staking network, having introduced HYPE staking in May and expanded its partnership with 21Shares in February to provide custody, trading, execution and staking support for exchange-traded products in the U.S. and Europe.
