Bitmine officially launched the institutional Ethereum pledge platform MAVAN, currently has more than 3.14 million ETH pledges

Bitmine, a Nasdaq-listed Ethereum treasury company, announced the official launch of MAVAN (Madein America Validator Network), an institution-level Ethereum pledge platform, which aims to provide institutions with a high-security, high-performance and high-resilience pledge infrastructure. MAVAN combines U.S. local verification nodes with a global distributed architecture to not only meet institutional needs that require local compliance infrastructure, but also support global customer access. The platform was initially used to support Bitmine's own Ethereum asset allocation and will be open to institutional investors in the future., custodians and ecological partners. As of 2026, Bitmine has pledged approximately 3.1426 million ETH (approximately US$6.8 billion).