Hello Lido community,
We’d like to share that Stakin (https://stakin.com/), a Lido node operator participating in the Curated and DVT operator sets, has been acquired by The Tie (https://www.thetie.io/), an institutional services provider for digital assets.
From a node operator and technical operations standpoint, nothing changes. Validators continue to be operated by the same team, using the same infrastructure based in the same geolocation, processes, and security setup, including a diversified Ethereum client stack with Besu and Teku as primary implementations to support client decentralization, Geth maintained as a fallback, and SSV-based infrastructure for DVT operations. The full Stakin team, including the co-founders, remains in place and continues to manage day-to-day operations.
As part of the acquisition, the Stakin operations become part of The Tie’s legal structure, and the Stakin brand will continue to be used for validator operations under “Stakin by The Tie.” There is no change to infrastructure, no validator migration and no change to custody or key management.
Beyond continuity, we view this transaction as an opportunity to increase institutional participation in the Lido ecosystem over time, including through upcoming initiatives such as Lido v3 and stVaults, which we expect to offer to institutional customers via the synergies unlocked by this combination.
For additional context on the transaction and its rationale, please see the public announcement here: https://www.thetie.io/insights/the-tie-acquires-stakin-1-5b-aud-to-launch-infrastructure-solutions-division
The Stakin team is excited about this next chapter, and looks forward to the opportunities this creates, while continuing to operate as a reliable and independent node operator within the Lido ecosystem.
We’re sharing this update transparently and early, and welcome guidance from the Lido Node Operator Sub-Governance Group (LNOSG) on whether any additional steps are required, consistent with how similar node operator acquisitions have been handled previously.
Happy to answer any questions.
Thank you.
Edouard | Stakin by The Tie