Updated:
Chorus One
Founded in 2018 by Brian Fabian Crain and Meher Roy, two veterans of the Epiphyte Corporation and early participants in the Cosmos ecosystem, Chorus One...
Chorus One
Founded in 2018 by Brian Fabian Crain and Meher Roy, two veterans of the Epiphyte Corporation and early participants in the Cosmos ecosystem, Chorus One emerged as a specialist in proof-of-stake validation. The firm is Swiss-domiciled with operational hubs in Palo Alto, London, and Singapore. Its genesis was closely tied to the Cosmos network, where it became the largest validator, and it has since expanded across ecosystems including Solana, Ethereum, Near, and Polkadot. The firm's core strategy centers on operating secure, highly available validator nodes for over 40 layer-1 blockchain networks. Revenue is generated primarily through commission rates on staking rewards earned by delegated assets, making it a pure-play infrastructure business. Chorus One does not engage in venture-style token investments on its own book. Instead, it offers white-label staking services through its OPUS infrastructure, allowing exchanges and custodians to integrate staking into their platforms, and manages the Uranium liquid staking protocol on the Cosmos network. Chorus One manages over $3 billion in staked assets as a validator operator (per the firm, 2024). The team includes a dedicated research division, Chorus One Research, which publishes network economics reports for institutional clients, and a portfolio of monitoring tools like the Network Dashboard and Anthem. In March 2024, the firm expanded its institutional suite, offering enhanced MEV and restaking capabilities to align with Ethereum ecosystem developments like EigenLayer. Structurally, Chorus One rejects the model of a hedge fund managing crypto on behalf of LPs. It is an infrastructure provider that runs validators in a principal-agent relationship with token delegators, a structure that separates its financial incentives from any proprietary trading of client assets. Its co-founders remain active in network governance, serving as genesis validators for multiple chains and shaping protocol-level decisions alongside core developer teams.
General information
Firm type
Asset Manager
Year founded
2018
AUM
>$3B in staked assets (per the firm, 2024)
Location
Region
North America
Country
Switzerland
City
Zug
Corporate office
Zug, Switzerland
Additional offices
Palo Alto, CA, United States · London, United Kingdom · Singapore
Principals
Brian Fabian Crain
Co-Founder & CEO
Meher Roy
Co-Founder & CTO
Xavier Meegan
Chief Investment Officer
Sector focus
Frequently asked questions
Is Chorus One an asset manager, a hedge fund, or an infrastructure provider?
Chorus One is a pure-play staking infrastructure provider, not a traditional asset manager or hedge fund. It earns revenue by operating validator nodes for proof-of-stake blockchains and charging commission on staking rewards, rather than by actively trading digital assets on behalf of clients. The firm does not manage a fund that pools investor capital for discretionary crypto investments.
Which blockchain networks does Chorus One support for institutional staking?
Chorus One validates on over 40 proof-of-stake networks. Core supported networks include Ethereum, Solana, Cosmos, Polkadot, Near, and Avalanche. The firm's validator operations and a current list of supported networks are publicly viewable through on-chain explorers and its network monitoring tools.
How does Chorus One generate revenue?
Revenue comes from the commissions the firm charges on staking rewards earned by token holders who delegate assets to its validators. Chorus One's income scales with the amount of assets staked to its nodes and the prevailing network-level staking yields. It does not charge external asset management fees on a fund basis.
Who founded Chorus One and what is their background in crypto?
Brian Fabian Crain and Meher Roy co-founded Chorus One in 2018. Before Chorus One, Crain ran the Berlin-based blockchain development shop Epiphyte, and both were active contributors to the early Cosmos community. Crain also co-hosts the Epicenter podcast, a long-running discussion series covering blockchain infrastructure and protocol design.
Does Chorus One offer white-label staking services?
Yes. Through its OPUS product, Chorus One provides a white-label staking API that allows cryptocurrency exchanges, custodians, and neobanks to offer staking to their own end users. This involves running the validator infrastructure under the partner's brand, allowing non-crypto-native institutions to integrate staking yield products.
What is Chorus One's connection to liquid staking?
Chorus One developed and operates Uranium, a liquid staking protocol built on the Cosmos network. Uranium mints a liquid staking derivative token representing staked Cosmos Hub assets, enabling users to earn staking rewards while retaining liquidity for use across DeFi applications in the Cosmos ecosystem.
How does Chorus One handle governance on the networks it validates?
Chorus One participates actively in the governance of many networks where it runs validators. The firm's co-founders and research team evaluate and vote on protocol upgrade proposals, parameter changes, and community-spend requests. They publish detailed governance rationale for major votes to provide transparency to delegators.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: