Bitcoin Suisse Goes All-In: 100% of Stake Moves to Obol Distributed Validators

A year ago, Bitcoin Suisse deployed its first Obol Distributed Validators on Ethereum mainnet. Today, that pilot became their new standard.

Under a new multi-year agreement, Bitcoin Suisse is migrating 100% of its Ethereum staking infrastructure to Obol Distributed Validators. Every validator the firm operates will run on Obol DVs. No more legacy staking technology. 

For one of the largest and longest-tenured institutional staking operators in the world, this is a strategic decision about what enterprise-grade Ethereum staking looks like for the next decade.

A Market Leader from the Beginning

Bitcoin Suisse has been leading the institutional crypto industry from day one. They founded Switzerland's first crypto-financial services firm in 2013, facilitated the original Ethereum Foundation crowdsale in 2014, issued the first Swiss-Franc-backed stablecoin (XCHF) in 2018, went live with one of the world's first regulated Ethereum staking services during the beacon chain launch in 2020, and brought enterprise-grade liquid staking to the Swiss market via Liquid Collective in 2023. This migration to 100% Obol Distributed Validators is the next entry on that ledger, and the institutional standard they are anchoring for the rest of the global market.

The Outcome of Substantial Testing and Due Diligence

Bitcoin Suisse has been running Obol DVs since 2024. The firm tested the architecture under live mainnet conditions, across multiple cluster topologies, through routine maintenance, hardware faults, and client-specific bugs. The takeaway from that period will now shape their entire Ethereum staking setup:

"After running Obol DVs in production for the past year, the verdict is unambiguous. Distributed Validators are the most resilient, highest-performing way to stake on Ethereum, and they are the right foundation for every validator we operate on behalf of our clients. Migrating 100% of our staking technology to Obol is the natural conclusion of what the data has been telling us." - Yves Holenstein, Head of Custody and Staking, Bitcoin Suisse

The migration is comprehensive. It spans Bitcoin Suisse's full institutional offering:

• Custodial staking. Clients delegating ETH to Bitcoin Suisse's own infrastructure.
• Non-custodial staking. Clients retaining custody while Bitcoin Suisse operates the validator stack.
• Multi-operator activities. Including Bitcoin Suisse's role in the Liechtenstein Trust Integrity Network (LTIN) and joint clusters with peer operators like Solstice Staking.

In each case, the underlying stake will be run on Obol Distributed Validators.

Why Distributed Validators, And Why Now

Legacy validator setups present architectural limitations that institutional fiduciaries are increasingly looking to address. They often concentrate dependency on a single node and key, which can introduce centralization risks that modern infrastructure is designed to mitigate. When those risks are exposed, as they were during the staking incident in September 2025 (when a single API compromise forced the emergency exit of over 1.6M ETH and pushed exit queue past 39 days), clients pay the cost in lost rewards, slashing risks, and reputational damage.

Obol Distributed Validators eliminate that single point of failure at the architectural level. Each validator runs as a cluster of independent nodes, coordinated by Charon, Obol's middleware client. A threshold of nodes must agree before any signature is produced, which means a cluster keeps proposing and attesting even when individual operators go offline. This is active-active redundancy, rather than the traditional active-passive failover that was the previous industry standard with legacy validator technology.

The validator's private key is never assembled. Distributed Key Generation (DKG) produces key shares locally across cluster operators, which means the full key never exists in one place, never loads into memory, and is never controlled by a single party. An insider threat, API compromise, and credential theft are neutralized as attack vectors.

For Bitcoin Suisse, which already runs one of the most rigorously audited custody and staking operations in Europe, Obol DVs are the missing layer. The firm's existing internal controls and protections were already strong, but now their validator technology will be equally hardened.

A New Standard for Institutional Staking

"Bitcoin Suisse moving 100% of its staking technology to Obol Distributed Validators sets a new floor for what institutional Ethereum staking should look like. The era of legacy validator setups is over for serious fiduciaries. Distributed Validators are the endgame, and Bitcoin Suisse is showing the rest of the industry what that endgame looks like in production." - Oisin Kyne, Co-Founder & CEO, DV Labs

Bitcoin Suisse and Obol are committing to a long-term technical relationship and continued integration with Obol's institutional offering, including Cluster as a Service (CaaS) and the broader operator ecosystem that Obol coordinates.

For Bitcoin Suisse's clients, the upgrade is invisible by design. The service they trust (convenient, reliable, frequently outperforming industry benchmarks) continues. What changes is what sits underneath it: validator technology that provides the best security, performance and rewards.

About Obol 

Obol powers and secures the multi-trillion dollar Ethereum economy. Building the future where the majority of validators will run as Distributed Validators (the endgame of Ethereum staking), and the Ethereum agent economy will be powered by the Obol Stack. Together, they form the secure foundation and decentralized engine for Ethereum’s role as the world’s credibly neutral settlement layer.

About Bitcoin Suisse

Bitcoin Suisse is Switzerland's leading premium crypto finance service provider. Founded in 2013 by crypto-native experts, it offers a cohesive suite of trading, staking, custody, and lending services geared towards private and institutional clients. The company is headquartered in Zug and has built a team of over 200 highly qualified experts across Switzerland, Europe, and the Middle East.