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The original staking service provider Kiln has launched the yield infrastructure Railnet for institutions.

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On November 24, according to official news, the original staking service provider Kiln announced the launch of the institutional yield infrastructure Railnet. The announcement stated that Railnet is an open yield layer that standardizes the flow of capital between different yield sources. It does not participate in deposit competition but connects asset management companies, protocols, and platforms through unified channels. The protocol is collaborating with Ethena, Sentora, Chainlink, and others. In September, the staking service provider Kiln announced that after SwissBorg suffered a hacker attack resulting in a loss of approximately 41 million USD SOL, it would initiate an orderly exit of all Ethereum validation nodes on September 10, 2025, expected to be completed in 10 to 42 days, with withdrawals requiring an additional 9 days, as a preventive measure to ensure asset security.

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