Laszlo Szabo

Laszlo Szabo is Co-Founder and CEO of Kiln, an enterprise-grade staking and digital asset yield platform he has led since 2018. Kiln operates validators across major proof-of-stake blockchains and counts over 200 enterprise customers across three continents, including exchanges, custodians, asset managers, and fintechs. The platform manages over $4 billion in stake and runs on a multi-cloud, multi-region infrastructure, with clients including Fireblocks, BinanceUS, and SwissBorg.

Szabo's current focus is the rollout of Railnet, a decentralised yielding protocol for institutional curators that functions as an orchestration layer connecting DeFi yields and tokenised real-world assets — such as Treasury bills and private credit — within a single compliance framework. Railnet addresses three operational problems: bridging DeFi and tokenised RWA yield sources, standardising the investment lifecycle across liquidity profiles ranging from instant DeFi redemptions to T+1 or T+30 traditional asset cycles, and providing auditable compliance reporting for institutions operating under regulations such as MiFID and MiCA. A specific technical contribution is the handling of NAV calculation during redemption delays, where tokens leave a wallet before corresponding cash settles. Szabo has stated that he intends Railnet to become the default standard for capital moving on-chain. His background is in tech recruitment: he co-founded a tech recruitment company in 2015 before entering the blockchain space. He first encountered Bitcoin in Hong Kong and was introduced to Ethereum through a contact at Consensys. His first blockchain venture placed CVs on-chain before the company pivoted through several iterations, arriving at staking infrastructure in 2020.