MoneyGram, Pairpoint and eToro to Operate Midnight Nodes as Privacy Infrastructure Expands

• MoneyGram, Pairpoint by Vodafone, and eToro will each operate one of ten federated nodes on the Midnight Network.
• The additions expand Midnight’s institutional infrastructure alongside Google Cloud, Blockdaemon, Shielded Technologies, and AlphaTON Capital.
• Midnight aims to provide privacy-enhancing blockchain infrastructure using zero-knowledge architecture to support regulated, real-world applications.

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The Midnight Foundation has announced that MoneyGram, Pairpoint by Vodafone, and eToro will each operate one of ten federated nodes on the Midnight Network, expanding institutional participation ahead of the blockchain’s broader rollout.

The three companies join previously announced node operators, including Google Cloud, Blockdaemon, Shielded Technologies, and AlphaTON Capital, which is running a node on behalf of Telegram. Together, they form the initial federated group responsible for securing and strengthening the network before Midnight transitions to full community-driven block production later this year.

Midnight positions itself as a fourth-generation blockchain designed to deliver “rational privacy” to Web3. The network is built to support real-world applications where regulatory compliance, privacy requirements, and operational reliability must coexist. Its zero-knowledge architecture enables confidential smart contracts while allowing selective disclosure and verifiability.

“The organisations stepping up to operate the network reflect the standard we’re setting as we approach mainnet,” said Fahmi Syed, President of the Midnight Foundation. “In a network’s early stages, operational reliability matters as much as protocol design. By launching with operators that already maintain large-scale, always-on systems, we’re ensuring our community has a stable environment to build and deploy against.”

MoneyGram, one of the world’s largest cross-border payments companies operating in over 200 countries and territories, is not only running a node but also exploring how its payment network can integrate with blockchain infrastructure while maintaining regulatory trust.

“MoneyGram has been delivering real-world crypto solutions for years, focusing on making the benefits of digital finance accessible to the people who actually need them,” said Luke Tuttle, MoneyGram Chief Product and Technology Officer. “Working with Midnight and running blockchain nodes fits naturally into this strategy, allowing us to help ensure that privacy, compliance and reliability are built in from day one.”

ALSO READ: Blockdaemon and Shielded Technologies Join Midnight as Federated Node Operators

Pairpoint by Vodafone plans to integrate Midnight’s zero-knowledge architecture into its Economy of Things platform, which supports autonomous transactions between connected devices across global networks.

“Our Web3 mission is to bring connected devices on-chain and incorporate intelligence at the edge through AI, Midnight’s zero-knowledge architecture is key to providing the trusted IoT device digital identity, authentication and trust required to scale this across global networks as we move towards the IoT AI economy,” said David Palmer, Chief Innovation Officer at Pairpoint.

eToro, the NASDAQ-listed investment platform serving more than 35 million users, also confirmed it will become a founding federated node operator. The move follows its January announcement supporting Midnight’s native token, NIGHT.

“At eToro we have been following and contributing to the Cardano ecosystem since the Shelley-era, during which we were amongst the first institutions to build and run an in-house staking operation for the Cardano network,” said Omri Ross, Chief Blockchain Officer at eToro. “We were excited to learn about Midnight’s novel approach to programmable data protection and selective disclosure, designed to balance user confidentiality with regulatory compliance. We believe technologies enabling granular control over data visibility will be foundational to the next generation of blockchain infrastructure.”

Ross added:
“Midnight’s architecture for confidential smart contracts with built-in verifiability aligns with our long-term view that, over time, all asset classes will increasingly move on-chain, requiring infrastructure that can support global-scale markets with robust security and compliance by design,”

Syed emphasized the broader signal sent by the consortium’s composition.

“When a global payments network, a leading technology company backed by a Fortune 500 telco, and a publicly traded fintech all choose to operate nodes on the same privacy-enhancing blockchain, that tells you where this industry is heading,” he said. “MoneyGram, Pairpoint, and eToro are here because they recognise that privacy-enhancing architecture is what makes it possible to bring their industries on-chain. This is just the beginning of what this consortium will look like.”

The initial federated node structure is designed to ensure decentralization, security, and operational stability at launch, before transitioning to community-driven block production later in 2026. Additional partners are expected to be announced in the coming weeks.

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Editorial Note: This news article has been written with assistance from AI. Edited & fact-checked by the Editorial Team.

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