SSV Network
- Company typePrivate
- Founded2021
- HeadquartersTel Aviv-yafo, Israel
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What SSV Network does
SSV Network is a decentralized infrastructure protocol that provides Distributed Validator Technology (DVT) for Ethereum staking. The protocol splits validator keys across multiple independent node operators running a QBFT consensus mechanism, enabling active-active fault tolerance (handling 1 malfunctioning node out of 4) and eliminating the single-point-of-failure risk inherent to traditional single-operator validator setups. The network secures approximately 7M ETH across ~118,000-120,000 validators operated by 1,800-1,900+ globally distributed node operators, representing ~13-14% of all ETH staked and ~$16B+ in TVL. Enterprise-grade features include non-custodial architecture with cold-storage key control, on-chain audit trails, an Effective Balance Oracle for post-Pectra fee calculations, and client diversity via the Go-SSV and Anchor (Rust) validator clients.
The company's customer base spans exchanges and custodians (Kraken as the flagship full-DVT integration), liquid staking and restaking protocols (Lido, EtherFi, Renzo, Stader, A41), non-custodial staking providers (Kiln, Stakin, P2P.org), corporate ETH treasuries, and SSV/cSSV token holders participating in network staking. In 2025-2026, SSV expanded its product surface from pure infrastructure into tokenized yield primitives: the Anchor client launched on mainnet in Oct 2025, the cSSV (Composable-SSV) liquid staking token and SSV Staking mainnet went live in Feb-Apr 2026, and the cSSV Syndicate Boost program in Jun 2026 created cross-protocol reward coordination with seven major liquid staking/restaking tokens.
Economically, SSV operates as a DAO-governed protocol with no centralized revenue capture: ETH-denominated cluster fees flow to node operators and cSSV holders via on-chain accounting rather than to SSV Labs or the Cayman-domiciled SSV Foundation. The only disclosed capital event is a $10M raise in Feb 2022 (Delta Blockchain Fund lead, with Coinbase Ventures, DCG, and OKX Ventures participating). Geographic restrictions exclude sanctioned jurisdictions, and the entity footprint spans the Cayman Islands (SSV Foundation) and Israel (Coin-Dash Ltd / SSV Labs).
SSV Network firmographics
Firmographics- Name
- SSV Network
- Legal name
- SSV Foundation
- Website
- https://ssv.network
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
SSV Network industry classification
Industry- Product category
- Blockchain Staking Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Layer-1 (L1) Network Validators & Node Operators (FSADAKAA)
Keywords
Where SSV Network is headquartered
LocationHeadquarters
- HQ city
- Tel Aviv-yafo
- HQ country
- Israel
- HQ region
- Middle East
Offices2 records
Markets served
SSV Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- ETH-denominated cluster fees: Network fees collected directly in ETH from validator clusters. Operators and the protocol collect fees in ETH, which are settled through the protocol's accounting system. These fees feed into the staking reward logic and are distributed to cSSV holders.
- Operator fees: Validator cluster operators charge fees for running validator infrastructure, denominated in ETH. These fees are paid through the protocol and contribute to the overall fee flow routed to SSV stakers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Pay-as-you-go | cSSV Syndicate Boost offers up to 20% APR for eligible stakers holding qualifying tokens |
| Hybrid | Pay-as-you-go | Genesis Boost 30-day period offering up to 50% boosted rewards |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
SSV Network product offering
Product offeringCore offering
SSV Network operates a Distributed Validator Technology (DVT) protocol on Ethereum that splits validator keys across multiple independent node operators using QBFT consensus, providing institutional-grade resilience and fault tolerance for ETH staking. The platform enables exchanges, custodians, liquid staking protocols, and corporate treasuries to run validator infrastructure without single points of failure, while SSV token holders can stake to receive cSSV and earn ETH-denominated network fees.
Product overview
SSV Network is a distributed validator technology (DVT) platform for Ethereum staking. The core offering consists of SSV Network (DVT infrastructure) and SSV Staking (token staking mechanism). Key products include cSSV (Composable-SSV), a liquid ERC-20 representation of staked SSV that provides ETH-denominated rewards while retaining governance power; the SSV App for protocol access; Anchor Client (by Sigma Prime), a Rust-based alternative SSV node implementation for client diversity; and the Effective Balance Oracle for post-Pectra fee calculations. The platform connects Ethereum validators with independent node operators through cryptographic key distribution and QBFT consensus.
Differentiator
Problem solved
Functional benefit
Products and services
- SSV Network (DVT Protocol) Distributed Validator Technology infrastructure for Ethereum staking that distributes validator duties across independent node operators, securing millions of ETH through thousands of validators run by independent operators worldwide.
- SSV Staking Staking mechanism that allows SSV token holders to lock their tokens into a staking contract, receive cSSV, and earn a pro-rata share of ETH-denominated network fees from validator cluster operations.
- cSSV (Composable-SSV) ERC-20 token representing a staked SSV position at 1:1 ratio. cSSV holders retain full governance and voting power while earning ETH-denominated rewards, with the token designed to be liquid and composable across DeFi applications.
- SSV App Web-hosted user interface for accessing the SSV Protocol and smart contracts on Ethereum mainnet. Provides a dashboard for validators, node operators, and stakers to manage their positions and view network analytics.
- Anchor Client Rust-based SSV node client developed by Sigma Prime, live on mainnet as the second implementation of the SSV node client. Provides client diversity similar to Ethereum's multi-client approach, enhancing fault tolerance and reducing correlated failure risks.
- SSV Explorer On-chain explorer for monitoring validator actions, operator performance, and reward payouts. Provides immutable audit trails for institutional compliance and transparency.
- SSV DKG Client Distributed Key Generation tool that allows validator keys to be split without any single party ever holding the full key, enhancing security for institutional validators.
Quantifiable outcome
- Over 7M ETH staked on the network
- +4 more outcomes
Companies that use SSV Network
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles5 records
SSV Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
SSV Network partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and flagship.
- Sigma PrimecoreDeveloped the Anchor Rust SSV validator client, bringing client diversity to the SSV protocol. Anchor is the second implementation alongside Go-SSV, reducing correlated failure risks and enabling hybrid clusters.
- KrakenflagshipFirst major exchange to fully integrate SSV DVT for all ETH staking operations. Demonstrates enterprise-grade reliability and compliance requirements met. Kraken's full migration to SSV resulted in notable performance optimizations for validators.
- LidocoreLeading liquid staking protocol using SSV DVT infrastructure for validator operations. Lido CSM integrates with SSV Verified Operators (VO) and enables operators to gain mainnet experience and leverage SSV reputation signals.
- EtherFicoreLiquid restaking protocol leveraging SSV DVT infrastructure. Eligible for cSSV Syndicate Boost with eETH and weETH tokens qualifying for up to 20% boosted rewards.
- RenzocoreLiquid staking integration with SSV Network for decentralized validator infrastructure.
- P2P.orgcoreValidator operator using SSV DVT infrastructure. Referenced as a source for industry data on corporate treasuries and institutional staking adoption.
- KilncoreNon-custodial staking infrastructure provider leveraging SSV technology for validator operations.
- StadercoreRestaking protocol using SSV DVT for validator infrastructure with eligible tokens for Syndicate Boost program.
- StakincoreNon-custodial staking services using SSV Network infrastructure.
- A41coreRestaking integration with SSV DVT infrastructure.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
SSV Network competitors and assessment
Company assessmentDirect peers
- Obol Network: Direct DVT competitor on Ethereum building distributed validator clusters using a similar threshold-BFT architecture. Chariot testnet and mainnet partnerships overlap with SSV's customer base.
- Rocket Pool: Decentralized Ethereum staking protocol using a different architecture (node operator + rETH LST) that competes with SSV's DVT clusters for decentralized validator infrastructure market share.
- Kiln: Non-custodial staking infrastructure provider that runs validators on SSV DVT while also offering competing white-label staking-as-a-service to institutions. Customer and competitor simultaneously.
- P2P.org: Validator operator and staking-as-a-service provider running infrastructure on SSV DVT, with overlapping institutional customer base and similar Ethereum staking offerings.
Broad incumbents
- Lido: Dominant liquid staking protocol (stETH) that is both an SSV customer via CSM and a potential competitor. Lido's scale and resources position it as both the largest distribution channel and the biggest threat if it internalizes validator operations.
- Figment: Major institutional staking infrastructure provider across multiple chains, with competing staking-as-a-service offerings that could absorb institutional ETH staking demand otherwise going to SSV DVT.
- Coinbase Cloud: Institutional staking infrastructure arm of Coinbase, one of SSV's investors. Operates competing non-custodial and custodial ETH staking services that could undermine SSV's institutional positioning if Coinbase prioritizes internal infrastructure.
Emerging players
- EtherFi: Liquid restaking protocol (eETH, weETH) using SSV DVT infrastructure. Direct customer and one of the largest holders of LRT market share, with overlapping interest in institutional staking solutions.
- Renzo: Liquid restaking protocol (ezETH) using SSV DVT infrastructure. Overlapping customer and emerging competitor as restaking protocols expand their own validator management capabilities.
- Stader Labs: Multi-chain liquid staking protocol running restaking services on SSV DVT. Comparable multi-chain staking positioning and overlapping institutional customer base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SSV Network social profiles
Digital presenceSSV Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
SSV Network leadership team
Management profileNumber of profiles
SSV Network funding detail
Funding detailFunding overview
Funding rounds1 record
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SSV Network M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SSV Network
What does SSV Network do?
SSV Network operates a Distributed Validator Technology (DVT) protocol on Ethereum that splits validator keys across multiple independent node operators using QBFT consensus, providing institutional-grade resilience and fault tolerance for ETH staking. The platform enables exchanges, custodians, liquid staking protocols, and corporate treasuries to run validator infrastructure without single points of failure, while SSV token holders can stake to receive cSSV and earn ETH-denominated network fees.
Is SSV Network a public or private company?
SSV Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was SSV Network founded?
SSV Network was founded in 2021. It employs 11 to 50 people.
Where is SSV Network based?
SSV Network is headquartered in Tel Aviv-yafo, Israel, in the Middle East region.
How does SSV Network make money?
Two revenue lines are on record. ETH-denominated cluster fees are the primary driver. The others are operator fees.
Who are SSV Network's main competitors?
Direct peers on record are Obol Network, Rocket Pool, Kiln and P2P.org. Broad incumbents are Lido, Figment and Coinbase Cloud. Emerging players are EtherFi, Renzo and Stader Labs.
Does SSV Network have an API?
No public API is recorded for SSV Network.
What industry is SSV Network in?
SSV Network's product category is Blockchain Staking Infrastructure. Its primary akta.pro industry code is FSADAKAA, Layer-1 (L1) Network Validators & Node Operators. Its NAICS code is 518 and its SIC code is 6200.