Blockdaemon Blog

Blockdaemon Bulletin | February 2025

Feb 28, 2025
By:
Conor
Keville
&
Welcome to the February edition of the Blockdaemon Bulletin.

Company Updates

Blockdaemon Institutional Wallet Has New Features And A New Name, Institutional Vault

The Institutional Wallet has been renamed Institutional Vault to reflect continued build out of key features including enhanced cold storage support and more. Get started!

SAB 122: Ushering In A New Era Of US Digital Asset Custody In Banking

Learn how the latest SEC Staff Accounting Bulletin rescinds SAB 121, removing a major roadblock for SEC-reporting companies, effectively opening the gates for digital asset custody services in the United States and making it easier for banks to offer these services. Learn more!

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Wallet Security Best Practices

The largest crypto exchange hack in history has once again put wallet security in the spotlight. Here are two blogs well worth reviewing, which explore Security Best Practices and Why It’s Not Just About Blind Signing, and When MultiSig or Even MPC Alone is Not Sufficient.


The Future of L2 Sequencing: Balancing Performance And Compliance

Scaling Layer 2 networks requires a strategic approach to sequencing—whether early-stage, shared, or decentralized. Blockdaemon is leading the way in supporting L2s with high-performance sequencing models that optimize scalability, resilience, and compliance. Explore the evolution of sequencing, our role in shared sequencers like Espresso, and how we’re shaping the future of ethical and efficient blockchain infrastructure. Read more!

Unichain Mainnet Is Live

Celebrate Unichain’s mainnet launch with an exclusive discount! Blockdaemon is the only provider offering RPC nodes on day one, ensuring high-performance, high-volume support with no overage concerns. Learn more and claim your discount today!

Event Recap

Consensus Hong Kong

During Consensus Hong Kong, the Blockdaemon team actively engaged in the city's Web3 ecosystem, participating in key side events and hosting exclusive gatherings. We co-hosted Web3 Connect – An Institutional Forum with OSL and Solowin Holdings, bringing together industry leaders to discuss digital asset adoption. In partnership with CF Benchmarks, we hosted a Private Luncheon. Finally, together with Women in Web3 Hong Kong, we hosted ELEVATE – A Women-Focused Event, fostering connections and conversations on inclusivity in web3.

In The News

The Institutional Crypto Shift is Here

The rescission of SAB 121 is a game-changer for institutional crypto adoption, clearing the way for major banks to enter the custody space. This shift will drive new liquidity, stability, and innovation across the market. For a deeper dive, check out Amor Sexton's latest Forbes article on how this regulatory change is reshaping institutional crypto engagement.

Consensus Hong Kong: Regulators Seek ‘Global Liquidity’ In Crypto, Roll Out Road Map

During Consensus in Hong Kong, Amor Sexton, COO of Blockdaemon, sat down with Matt Haldane of the South China Morning Post to discuss the evolving landscape of institutional staking adoption.

Glenn Woo, Head of APAC at Blockdaemon's interview with News1 Korea

Glenn Woo, sat down with News1 Korea during Consensus Hong Kong. He shared Blockdaemon's growth plans in Asia, specifically Japan and Korea. The article is in Korean.

Check Out Our Latest Articles In The Press

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And as always, get the latest on new releases and product updates:

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