[Kiln Launches Institutional Yield Infrastructure Railnet and Partners with Multiple Parties] On November 24, staking service provider Kiln announced the launch of Railnet, an institutional-focused yield infrastructure. Railnet is an open yield layer that standardizes the flow of capital across different yield sources, connecting asset management firms, protocols, and platforms through a unified channel without engaging in deposit competition. The protocol is currently collaborating with Ethena, Sentora, Chainlink, and others. Additionally, Kiln announced in September that it will initiate the orderly withdrawal of all Ethereum validator nodes on September 10, 2025, as a precautionary measure to ensure asset security.