BitMine launches MAVAN, its Ethereum validator network, for institutional clients

BitMine officially launched MAVAN (Made in America Validator Network), its proprietary Ethereum staking platform. It was built for the company's own ETH and combines U.S.-based validators for institutions with a globally distributed setup. The company said it plans to serve institutional investors, custodians and ecosystem partners, but the release named no outside client.

• Launched March 25, 2026
• 3,142,643 ETH staked as of March 24, 2026
• Company projects nearly $300 million in annual staking rewards once all its ETH is staked, at a 2.83% 7-day yield
• No outside client named in the release