Kiln Unveils Railnet, an Open Yield Layer to Standardize SOL Yields Across Providers as It Executes Ethereum Validator Exit

COINOTAG News reports that Kiln has unveiled Railnet, an institutional-facing yield infrastructure designed to streamline integration of diverse yield sources. The open yield layer standardizes capital flows across protocols, asset managers, and platforms, reducing fragmentation in crypto portfolio allocations.

Railnet operates as an open yield layer rather than engaging in competition for deposits, linking asset managers, protocols, and services through a unified channel to improve onboarding efficiency and yield discovery. Partners include Ethena, Sentora, and Chainlink.

In September, Kiln signaled plans to orderly exit Ethereum validating nodes after the SwissBorg incident, which reportedly caused a loss of roughly $41 million worth of SOL. The phased withdrawal window is expected to span 10 to 42 days, with an additional nine days for final withdrawal, as a precaution to safeguard client assets.

Industry observers will monitor Railnet’s governance framework and security controls as institutional users seek transparent yield pathways. Kiln’s approach aligns with ongoing risk management practices in the crypto staking ecosystem, emphasizing credible capital efficiency and regulatory-compliant operations.