Staking provider P2P.org has launched its new Staking-as-a-Business (SaaB) model, designed specifically for institutions such as exchanges, wallet providers, and custodians. With over 1 million staked ether (ETH), the company has surpassed $7.4 billion in total value locked (TVL).
Institutional staking allows investors to earn passive income by putting their holdings to work without selling them, and can be done through both non-custodial and custodial providers. P2P.org’s SaaB model offers comprehensive support services like marketing, legal, and sales support to ensure a successful transition for businesses entering the staking and DeFi space.
Artemiy Parshakov, head of product at P2P.org, emphasized the importance of comprehensive support for businesses venturing into staking and DeFi services to guarantee a profitable and successful implementation. The company raised $23 million in funding last April from industry giants like Jump Crypto, highlighting the growing interest in institutional-focused staking startups. One example is Northstake, which recently raised $3 million from PreSeed Ventures.
P2P.org serves as a validator for Ethereum and 30 other blockchains, solidifying its position as a trusted provider in the staking industry.
