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Bitmine Launches Institutional-Grade Ethereum Staking Platform MAVAN, with Current ETH Staking Exceeding 3.14 Million
According to PR Newswire, Nasdaq-listed Ethereum treasury company Bitmine announced the official launch of its institutional-grade Ethereum staking platform MAVAN (Made in America Validator Network), designed to provide institutions with high-security, high-performance, and high-resilience staking infrastructure.
MAVAN combines U.S.-based validator nodes with a globally distributed architecture, meeting the needs of institutions requiring compliant domestic infrastructure while supporting global client access. The platform was initially used to support Bitmine's own Ethereum asset allocation and will be opened to institutional investors, custodians, and ecosystem partners in the future. As of 2026, Bitmine has staked approximately 3.1426 million ETH (approximately $6.8 billion).