NEXUS Signs MOU With The Tie, Bringing Stakin by The Tie on as OneChain Validator

NEXUS said on September 30 that it had signed a memorandum of understanding with U.S. digital-asset solutions firm The Tie to strengthen the OneStore ecosystem.

Under the agreement, The Tie's institutional staking arm, Stakin by The Tie, will join OneChain as a validator. Validators verify transactions, participate in the creation of new blocks and help run blockchain networks.

The companies plan to work together to broaden institutional participation in validator operations, upgrade operating systems and improve transparency on network and staking information for institutional investors. The Tie will also apply the operating and risk-management frameworks it has built across multiple proof-of-stake blockchains to OneChain validator operations.

OneChain's staking data will also be integrated into Staking Rewards, a global staking data and ratings platform. Staking Rewards provides data on more than 120 proof-of-stake assets and more than 90 staking providers.

The Tie provides digital-asset data and infrastructure services to more than 500 institutional clients, including hedge funds, asset managers and banks. It acquired institutional staking provider Stakin in January and now operates self-custodial staking infrastructure across more than 30 blockchain networks.

"The participation of a global institutional-grade operator like Stakin by The Tie is further proof that OneChain has infrastructure institutions can trust," NEXUS Chief Executive Officer Jang Hyun-kuk said. He added that the company would expand its validator base with proven institutional partners and drive trust and growth across the broader OneStore ecosystem.