Kiln is a fintech firm based in Paris that kiln provides institutional staking and on-chain yield infrastructure. it combines validator operations, vault infrastructure, and portfolio reporting into a single system used by funds, custodians, wallets and exchanges. kiln reported surpassing 18 billion dollars in assets delegated through its platform in 2025 and launched railnet, a yield infrastructure product. the company is headquartered in paris, france, and has raised roughly 40 million dollars across multiple rounds, including a 17 million dollar round led by 1kx in january 2024. They serve clients in France, European Union, United States. Kiln is listed on The Token Playbook's vetted provider registry at thetokenplaybook.com/registry/kiln.