Overview

Institutional client: MNSF
Custody provider: Fireblocks
Validator: Validator of choice (favourite validator)
Technical provider (connector): Colossus Digital
Assets: Cardano

MNSF

MNSF is a Cayman-domiciled fund focused on generating market-neutral returns through institutional-grade digital asset strategies. The fund leverages advanced infrastructure and risk-managed approaches to navigate the rapidly evolving digital asset landscape. As part of its expansion into the blockchain ecosystem, MNSF sought to enable secure staking of digital assets while ensuring full regulatory compliance and maintaining control over their investments.

Colossus Digital

Colossus Digital is a technical provider specializing in secure, compliant, and interoperable solutions for institutional clients. It enables banks, custodians, asset managers, funds and others to access staking and on-chain participation directly from their custody providers. Through its flagship product, the Institutional Hub, it connects custodians and validators, streamlining operations and unlocking asset productivity across multiple Proof-of-Stake networks. 

Challenge

MNSF wanted to delegate ADA to a trusted validator of its choice, while ensuring that assets remained secure and compliant within their Fireblocks custody environment. The key challenge was to maintain asset security within Fireblocks without needing to move assets out of custody, as Fireblocks' native staking solution was not aligned with MNSF's requirements.

How can MNSF stake assets with a validator of its choice, while ensuring compliance without moving assets out of Fireblocks and keeping signature process in custody?

Solution

To address this, MNSF partnered with Colossus Digital, leveraging the Institutional Hub as the secure connector between the custody platform (Fireblocks) and the validator. The solution enabled:

• Direct delegation from Fireblocks custody: Assets stayed securely within Fireblocks, ensuring compliance with MNSF’s internal security protocols and regulatory requirements.

• Validator selection via Institutional Hub: MNSF was able to choose its preferred validator, integrating seamlessly through the Institutional Hub, which supports multiple validators across various PoS networks.

• Real-time monitoring and operational transparency: MNSF could easily configure delegation parameters, monitor performance, and review transactions in real-time, ensuring full visibility and control over the process.

Outcome

Through this integration, MNSF successfully enabled staking operations without moving assets out of Fireblocks custody. The Institutional Hub ensured that:

• No asset movement: Assets remained in Fireblocks’ custody at all times, respecting MNSF’s internal risk controls.

• Compliance-ready: The platform provided full auditability of all transactions, ensuring compliance with institutional regulations.

• Full transparency: MNSF could track validator performance, manage delegations, and access detailed reports in real-time.

This solution allowed MNSF to securely stake digital assets while maintaining the flexibility to choose validators and ensuring the highest level of security and compliance.