Pier Two
- Company typePrivate
- Founded2018
- HeadquartersToowoomba, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Pier Two firmographics
Firmographics- Name
- Pier Two
- Legal name
- Pier Two Pty Ltd
- Website
- https://piertwo.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where Pier Two is headquartered
LocationHeadquarters
- HQ city
- Toowoomba
- HQ country
- Australia
- HQ region
- Oceania
Offices3 records
Markets served
Pier Two business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Institutional Staking-as-a-Service: Pier Two operates as a non-custodial validator infrastructure provider, earning fees from institutional clients for operating staking validators on their behalf. Revenue is generated through validator operation fees charged to funds, exchanges, custodians, and ETF issuers. Services span Ethereum, Solana, NEAR, Polygon, TON, and Monad networks. Pier Two was acquired by Bitmine Immersion Technologies (NYSE: BMNR) for $10.5M stock + $14M deferred payments + up to $11.801M earnout shares effective March 25, 2026.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Institutional staking service — custom pricing |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
Pier Two product offering
Product offeringCore offering
Pier Two is a non-custodial institutional staking infrastructure provider operating validators across Ethereum, Solana, NEAR, Polygon, TON, and Monad, serving funds, exchanges, custodians, and ETF issuers. The company also provides network services (oracle and restaking node operations for protocols such as Chainlink, EigenLayer, Symbiotic, Jito, and Karak) and develops proprietary technology including the Lantern Ethereum light client and the Control Centre treasury management platform. Following its March 2026 acquisition by Bitmine Immersion Technologies, Pier Two operates within the MAVAN (Made in America Validator Network) platform.
Product overview
Pier Two is an institutional staking and infrastructure provider offering a portfolio of interconnected products. The core offerings are Staking (supporting Ethereum, Solana, Polygon, TON, and NEAR with non-custodial validator operations) and Network Services (providing oracle, restaking, and full node infrastructure for protocols like Chainlink, EigenLayer, Symbiotic, Jito, and Karak). Lantern is a distinct product—a peer-to-peer Ethereum light client enabling trust-minimized blockchain access. The Control Centre serves as the primary dashboard for managing staking operations across all networks, featuring liquidity solutions like Submarine (accelerated ETH withdrawals). The Staking and Reporting API enables institutional partners to embed Pier Two's staking functionality into their own platforms. Pier Two joined MAVAN (a Bitmine company) in March 2026, positioning itself as part of the world's largest institutional staking service provider.
Differentiator
Problem solved
Functional benefit
Brands
- Lantern: A light client that brings Ethereum to everyone from any device. Lantern is a C implementation of the Lean consensus client, developed by Pier Two for post-quantum Ethereum and consensus layer light client functionality.
- MAVAN (Made in America Validator Network)
Products and services
- Staking Enterprise-grade non-custodial staking services for institutional clients, supporting Ethereum, Solana, Polygon, TON, and NEAR protocols. Provides multi-zonal 24/7 operations, high-performance hybrid cloud and bare metal infrastructure, and staking management through the Control Centre dashboard.
- Network Services Essential blockchain infrastructure services including oracle operations, restaking protocol support, and full node operations across 20+ networks. Pier Two provides infrastructure for Chainlink, EigenLayer, Symbiotic, Jito, and Karak protocols, as well as nodes for Ethereum, Arbitrum, Optimism, Base, Avalanche, and other Layer 1 and Layer 2 networks.
- Lantern Light Client A peer-to-peer Ethereum light client that brings Ethereum to everyone from any device. Enables trust-minimized interaction with Ethereum consensus, supporting Layer 2 solutions, smart devices, and wallets. Implements post-quantum signature capabilities as part of Ethereum's Lean initiative for quantum-resistant blockchain infrastructure.
- Staking and Reporting API Developer API enabling exchanges, custodians, and fintech platforms to integrate Pier Two's staking functionality. Supports custom staking, reporting, unstaking, and validator management. Allows partners to offer staking services to their end users with full programmatic control.
Quantifiable outcome
- $5B+ assets secured
- +5 more outcomes
Companies that use Pier Two
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles5 records
Pier Two technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability3 records
Feature7 records
Pier Two partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core and minor.
- NorthstakecorePier Two joined Northstake's Staking Vault Manager as a node operator, expanding the institutional validator network for Ethereum staking via stVaults built on Lido V3. The integration enables institutional allocators to incorporate Pier Two's validators within Northstake's multi-operator orchestration framework, meeting requirements for validator diversification and operational resilience.
- ChainlinkcorePier Two has operated a Chainlink oracle since 2019, making it one of the first Chainlink node operators. It continues to provide infrastructure supporting Chainlink's oracle networks, contributing to the $16.64 trillion in Total Transaction Value Enabled on Chainlink.
- EigenLayercorePier Two operates as a node operator for EigenLayer across multiple strategies: Renzo (operated by Pier Two), Swell (Pier Two), default Pier Two operator, and ether.fi x Pier Two. It is listed as an official EigenLayer operator providing restaking services.
- SymbioticcorePier Two provides network services for Symbiotic, a restaking protocol. Listed on Pier Two's Network Services page alongside EigenLayer, Jito, and Karak.
- JitocorePier Two supports Jito restaking as part of its Network Services. Jito is a Solana-based restaking protocol and block builder.
- KarakcorePier Two provides network services for Karak, a restaking protocol, listed alongside EigenLayer, Symbiotic, and Jito.
- BitGocoreBitGo distributes Pier Two's staking services to its clients in APAC and globally. Pier Two is described as 'key to growing and supporting BitGo's staking business in the region.' BitGo is also the parent company's (Bitmine) custody partner.
- Zodia CustodycoreZodia Custody integrates Pier Two's staking infrastructure, offering clients access to Pier Two's validator services through Zodia's custody platform. Pier Two joined the Zodia Custody Gateway.
- FireblockscoreFireblocks provides access to Pier Two's institutional staking services. Pier Two's staking is accessible on Fireblocks, enabling institutional clients to stake through this platform.
- LidocorePier Two joined Lido's Curated Set and participates in Lido V3 staking via Northstake's Staking Vault Manager. Pier Two's validators are accessible within the Lido institutional ecosystem.
- AoncoreAon's Digital Assets specialists designed scalable slashing insurance for Pier Two, aligned to institutional governance standards. Aon's NORS-accreditation work with Pier Two enabled purpose-built insurance coverage, making staking more attractive for underwriters and institutional clients.
- TenderlycoreTenderly integrated its Transaction Intelligence platform into Pier Two's Control Centre dashboard and API, providing automated transaction simulation, risk analysis, and anomaly detection for institutional staking clients.
- BlockportcorePier Two acquired Solana validator Blockport in October 2025, rebranding it as Pier Two Infrastructure. Blockport's co-founders Adrian Ciaffoncini and Nik Herrmann joined Pier Two. The acquisition strengthens Pier Two's Solana ecosystem position, improving validator performance, uptime, and client participation in internet capital markets. The validator operates independently from Pier Two's existing operations.
- NumiccorePier Two acquired Numic in 2024, expanding capabilities and solidifying its position as the leading staking provider in APAC.
- Bitmine Immersion Technologies (MAVAN)coreEffective March 25, 2026, Pier Two Holdings Pty Ltd was wholly acquired by Bitmine Immersion Technologies, Inc (NYSE: BMNR) for $10.5M stock + $14M deferred payments + up to $11.801M earnout shares. Pier Two joins MAVAN (Made in America Validator Network), Bitmine's proprietary staking platform. MAVAN is now fully operational and open for business.
- QCPminorQCP partnered with Pier Two to power its Digital Asset Staking Operations in Singapore, delivering institutional-grade staking solutions.
- TAF CapitalcorePier Two Pty Ltd is a corporate authorised representative of TAF Capital Pty Ltd (AFSL 425925, CAR Number 1307718). TAF Capital provides the regulatory authorisation under which Pier Two operates its financial services in Australia.
- Ethereum FoundationcorePier Two received an Active Grant from the Ethereum Foundation Ecosystem Support Program (ESP) to implement Discv5 in C#. Pier Two actively participates in Lean Ethereum research, post-quantum Ethereum PQ devnets, and contributed the Pectra Staking Manager as an open-source public good.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
Pier Two competitors and assessment
Company assessmentDirect peers
- Figment: Figment is one of the largest institutional blockchain infrastructure providers, offering non-custodial staking services across 50+ protocols with a similar focus on institutional clients, custodians, and exchanges. Both companies compete directly in Ethereum and Solana validator operations and serve the same enterprise customer base.
- Blockdaemon: Blockdaemon provides institutional-grade blockchain infrastructure including node operation and staking-as-a-service across multiple networks. Like Pier Two, it targets funds, custodians, and exchanges with API-integrated validator services and enterprise compliance features.
- Everstake: Everstake is a multi-chain staking provider operating validators across 30+ networks with both retail and institutional service tiers. Like Pier Two, it serves exchanges, custodians, and institutional clients with white-label staking infrastructure.
- Chorus One: Chorus One operates institutional validator infrastructure across multiple proof-of-stake networks including Ethereum, Solana, NEAR, and Cosmos. It competes directly with Pier Two in multi-chain staking services for institutional clients and restaking protocol partnerships.
- P2P.org: P2P.org is a major institutional staking provider and one of the largest Ethereum validators globally, offering staking services to exchanges, custodians, and institutional clients. Both companies target similar enterprise customers with comparable validator infrastructure offerings.
- Kiln: Kiln is a leading enterprise staking platform providing non-custodial validation, white-label staking APIs, and reporting tools for institutional clients. Both companies focus on Ethereum and Solana staking with similar B2B SaaS-like monetization and custodian integrations.
- Alluvial (Coinbase): Alluvial is Coinbase's liquid staking arm focused on institutional Ethereum staking infrastructure and tooling. It competes with Pier Two for institutional staking volume and enterprise integrations, particularly for exchanges and asset managers.
Broad incumbents
- Anchorage Digital: Anchorage Digital is a federally chartered US crypto bank offering custody, staking, and trading services to institutional clients. It competes with Pier Two in institutional staking while offering a broader portfolio of regulated digital asset services.
- Coinbase Cloud (Bison Trails): Coinbase Cloud (formerly Bison Trails) provides institutional blockchain infrastructure including node hosting and staking APIs across multiple networks. As part of Coinbase, it offers broader resources and brand recognition but competes in the same enterprise validator services segment as Pier Two.
Regional players
- Staking Facilities: Staking Facilities is a Germany-based institutional staking provider focused on European markets with validator operations across major PoS networks. It competes with Pier Two for European institutional clients while operating from a different geographic base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks2 records
Key highlights7 records
Customer concentration
Pier Two social profiles
Digital presencePier Two compliance and trust
Trust signalCompliance4 records
Pier Two financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pier Two leadership team
Management profileNumber of profiles
Profiles7 records
Pier Two subsidiaries and ownership
Company hierarchySubsidiaries4 records
Pier Two funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pier Two M&A and investment
M&A and investmentM&A1 record
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pier Two
What does Pier Two do?
Pier Two is a non-custodial institutional staking infrastructure provider operating validators across Ethereum, Solana, NEAR, Polygon, TON, and Monad, serving funds, exchanges, custodians, and ETF issuers. The company also provides network services (oracle and restaking node operations for protocols such as Chainlink, EigenLayer, Symbiotic, Jito, and Karak) and develops proprietary technology including the Lantern Ethereum light client and the Control Centre treasury management platform. Following its March 2026 acquisition by Bitmine Immersion Technologies, Pier Two operates within the MAVAN (Made in America Validator Network) platform.
Is Pier Two a public or private company?
Pier Two is a private company. It is classified as corporate owned and is currently operating.
When was Pier Two founded?
Pier Two was founded in 2018. It employs 11 to 50 people.
Where is Pier Two based?
Pier Two is headquartered in Toowoomba, Australia, in the Oceania region.
How does Pier Two make money?
One revenue line is on record: institutional Staking-as-a-Service.
Who are Pier Two's main competitors?
Direct peers on record are Figment, Blockdaemon, Everstake, Chorus One, P2P.org, Kiln and Alluvial (Coinbase). Broad incumbents are Anchorage Digital and Coinbase Cloud (Bison Trails). Staking Facilities is listed as a regional player.
Does Pier Two have an API?
Yes. Pier Two offers a Staking and Reporting API that enables exchanges, custodians, and institutional clients to integrate staking functionality into their own platforms. The API supports custom staking, reporting, and unstaking functionality. Clients can generate API keys to plug SOL staking and ETH staking into their own environments. Available via developer documentation at docs.piertwo.com. Developer documentation is at docs.piertwo.com/reference/introduction.