In this episode of The Smart Economy Podcast, host Dylan Grabowski sits down with Laszlo Szabo, co-founder and CEO of Kiln, an institutional staking and on-chain yield platform powering validator infrastructure for exchanges, custodians, wallets, and asset managers across the crypto ecosystem.
What you’ll learn:
- Why staking can continue growing during bear markets
- How institutional staking infrastructure differs from retail validators
- Why stablecoin and Bitcoin yield markets may be expanding
- How tokenized RWAs are entering on-chain finance
- What on-chain vaults are and how they resemble asset management funds
- How Railnet is aimed at connecting DeFi protocols and tokenized assets
- Why validator infrastructure matters for institutional security
Laszlo Szabo is the co-founder and CEO of Kiln, an institutional staking and on-chain yield platform supporting exchanges, custodians, wallets, and asset managers globally. Kiln provides validator infrastructure, staking access, and DeFi integrations across multiple blockchain networks. Prior to founding Kiln, Szabo worked in technology recruitment and began exploring crypto during Ethereum’s early ecosystem growth, eventually building infrastructure designed to meet the reliability, security, and compliance expectations of institutional participants.

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About The Author: Arthur Bone
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