Nonco Joins as Market Maker on Northstake’s Transformative $ETH Validator Marketplace

We’re pleased to share that @nonco_otc has become the third market maker to join Northstake’s $ETH validator marketplace, following the additions of @GSR_io and @DV_Chain. Our marketplace demonstrates a new staking model, allowing asset managers to trade their $ETH validators, enabling them to transform their spot ETFs to total return ETFs.

@fdomtzf, CEO at Nonco, said: “Northstake has redefined how liquidity and staking should be incorporated into regulated funds. As an industry leader in market making for ETFs, Nonco is excited to see Northstake’s marketplace evolve.”

Nonco will provide liquidity to digital asset managers, when buying and selling validators, subject to the $ETH exit and withdrawal queue. Nonco joins an impressive list of industry leading market participants joining Northstake, which includes @coinfund_io, @CoinDesk Indices, DV Chain and GSR.

Read the full announcement on Northstake’s website here:

https://t.co/COX8CgMYHm