P2P.org launches a staking-as-a-service (SaaB) model for institutions
ChainCatcher news, cryptocurrency staking service provider P2P.org has announced the launch of a staking-as-a-service (SaaB) model aimed at helping platforms such as CEXs, wallet providers, and custodians to add staking and decentralized finance (DeFi) services, expanding growth avenues.
The company stated that over 1 million ETH are currently staked, with a total locked value exceeding $7.4 billion. Institutional staking allows investors to utilize assets to earn passive income without the need to sell. P2P.org's SaaB model offers comprehensive support, including marketing, legal, and sales assistance.
ChainCatcher previously reported that staking service provider P2P.org completed a $23 million financing round, with participation from Jump Crypto, cryptocurrency exchange Bybit, and digital asset bank Sygnum.