Bitmine has launched MAVAN, its institutional-grade Ethereum staking platform. Currently, 3,142,643 ETH has been staked, valued at $6.8 billion. The company stated that upon completion of all staking, MAVAN will become the world's largest Ethereum staking service platform. The platform is designed to serve institutional clients and plans to expand to other proof-of-stake (PoS) networks.

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