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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 MAVAN (Made in America Validator Network), an institutional-grade Ethereum staking platform designed to provide institutions with highly secure, high-performance, and resilient staking infrastructure.
MAVAN combines U.S.-based validator nodes with a globally distributed architecture, meeting the needs of institutions requiring domestic compliance 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).