Bitmine Launches MAVAN, Its Proprietary Ethereum Staking Platform

Summary

Bitmine Immersion Technologies, Inc. has officially launched MAVAN, its proprietary institutional-grade Ethereum staking platform. MAVAN is designed to serve as the premier Ethereum staking destination for institutions, with a focus on security, performance, and resilience. The platform combines U.S.-based infrastructure for institutions requiring domestic validation with a flexible, globally distributed architecture to support clients worldwide. Bitmine, the largest owner of Ethereum in the world, has 3,142,643 staked ETH, representing $6.8 billion at $2,148 per ETH. The company plans to expand MAVAN across additional proof-of-stake networks and critical blockchain infrastructure over time.