Luganodes x Canary Capital: Staking Provider for Canary's $SUIS ETF

Introduction

Luganodes is pleased to announce its role as a staking provider for the Canary Staked SUI ETF (Ticker: SUIS), a digital asset exchange-traded fund sponsored by Canary Capital Group. The fund is designed to provide transparent exposure to Sui (SUI) while generating additional yield through native staking on the Sui network.

This collaboration enables institutional and traditional investors to access SUI and its staking rewards through familiar brokerage accounts, without the need to directly manage digital assets or validator relationships.

Staking in Proof-of-Stake Networks

Staking forms the foundation of security and economic coordination in Proof-of-Stake (PoS) blockchains such as Sui. Validators participate in consensus by verifying transactions and maintaining network integrity, while token holders delegate assets to these validators to help secure the network.

In return, staking participants earn rewards generated by the protocol.

For institutional products such as exchange-traded funds, staking introduces an additional yield component beyond price exposure. This transforms digital asset ETFs from passive holding vehicles into actively participating contributors to network security.

Key advantages of integrating staking infrastructure include:

• Generation of protocol-level rewards tied to network participation

• Strengthened security and decentralization of the underlying blockchain

• Operational abstraction, allowing investors to benefit from staking without managing validators

As digital asset ETFs evolve, staking is becoming an essential component in aligning institutional capital with blockchain network operations.

About Canary Capital and the Canary Staked SUI ETF

Canary Capital Group is a digital asset investment firm focused on building institutional-grade products that bridge traditional finance and blockchain networks. Its Canary Staked SUI ETF provides regulated exposure to SUI through a Nasdaq-listed exchange-traded product structure.

The fund’s design integrates both asset exposure and staking participation.

Key characteristics include:

• Direct exposure to SUI held by the fund

• Staking participation to generate some additional SUI rewards

• Accessibility through traditional brokerage accounts, including IRAs and other investment vehicles

• Institutional-grade custody provided by regulated digital asset custodians

• A native staking model, with rewards contributing to the fund’s overall yield

By integrating staking into the ETF structure, the fund enables investors to participate more directly in the economics of the Sui network.

Luganodes x Canary Capital

As a staking provider for the Canary Staked SUI ETF, Luganodes operates validator infrastructure supporting the fund’s staking program.

Luganodes has established a strong operational track record on the Sui network:

• Over 150 million SUI staked

• Genesis validator since network inception

• Ranked as the #2 largest independent validator

• Continuous participation in the active validator set

• Zero downtime and zero slashing history

This sustained performance reflects durable infrastructure reliability and operational consistency, which are critical requirements for institutional staking programs.

Through its validator operations, Luganodes contributes to the staking yield associated with the ETF’s SUI holdings while supporting the network’s security and stability.

This collaboration enables the fund to integrate native staking while relying on infrastructure operated to institutional standards.

Conclusion

The launch of the Canary Staked SUI ETF represents an important step in the evolution of institutional digital asset products, combining regulated market access with blockchain participation.

By serving as a staking provider, Luganodes supports the infrastructure enabling institutional capital to participate directly in the Sui network.

This collaboration reflects Luganodes’ ongoing commitment to providing reliable validator infrastructure and supporting the continued integration of blockchain networks into institutional financial products.

About Luganodes

Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 45+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.

The information herein is for general informational purposes only and does not constitute legal, business, tax, professional, financial, or investment advice. No warranties are made regarding its accuracy, correctness, completeness, or reliability. Luganodes and its affiliates disclaim all liability for any losses or damages arising from reliance on this information. Luganodes is not obligated to update or amend any content. Use of this at your own risk. For any advice, please consult a qualified professional.