- Classover (NASDAQ:KIDZ) partners with Everstake to launch "KIDZ by Everstake" on the Solana network.
- The initiative aims to expand staking revenue and increase SOL holdings and SOL Per Share.
- Classover's launch marks a significant step as a first publicly traded company operating a branded validator in the ecosystem.
Classover Holdings, Inc. (NASDAQ:KIDZ), a prominent provider of live, interactive online learning, has announced a strategic partnership with Everstake Validation Services to launch a Solana validator node branded as "KIDZ by Everstake." This initiative involves co-managing the validator node with both companies contributing to the stake and sharing SOL staking rewards.
Leveraging Everstake's institutional-grade infrastructure, the partnership is designed to ensure secure, high-uptime participation in the Solana network. This aligns with Classover's digital asset strategy, focusing on expanding staking revenue, accumulating Solana (SOL), and increasing its SOL Per Share for shareholders.
As one of the first publicly traded companies to operate a branded validator with Everstake, Classover sets itself apart in the cryptocurrency space by integrating deeper into the Solana ecosystem. This move not only enhances their digital asset strategy but also signifies a shift towards actively participating in network validation, offering potential for improved returns on SOL holdings.
David Kinitsky, CEO of Everstake, commented on the partnership, stating it marks an important milestone for Everstake and highlights Classover's innovative approach in the blockchain space. Ms. Luo, CEO of Classover, emphasized that the "KIDZ by Everstake" validator represents a significant milestone in their SOL strategy and serves as a model for how public companies can engage with decentralized networks effectively.
Founded in 2020 and headquartered in New York, Classover is committed to redefining education through accessible, high-quality learning experiences. Everstake, founded in 2018, is a leading global non-custodial staking provider, serving a wide range of clients and securing over 85 Proof-of-Stake networks with institutional-grade infrastructure.
