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Kiln was founded by Laszlo Szabo, Thomas de Phuoc, and Ernest Oppetit in Paris, France.

Kiln achieved SOC 2 Type II compliance, a key security and operational benchmark for serving institutional clients.

Kiln announced a strategic pivot to shut down its own public Ethereum validators to focus exclusively on its role as a staking aggregator and avoid competing with its clients.

The platform surpassed $18 billion in delegated assets under management from its institutional clients.

A vulnerability in a Kiln-provided API was exploited, resulting in a loss for partner SwissBorg. In response, Kiln initiated an exit from all its Ethereum validator nodes as a precaution.