Digital asset custody platform Copper has announced a strategic partnership with institutional staking provider P2P.org to deliver secure staking services tailored for institutional clients. This collaboration aims to leverage P2P.orgβs advanced staking infrastructure and Copperβs robust custody and prime services, enabling institutions to participate in staking opportunities across multiple blockchains.
Streamlined Staking for Institutions
A key component of this partnership is P2P.orgβs innovative rebalancing technology, which enhances institutional involvement by optimizing crypto exposure and maximizing returns. By combining Copperβs cutting-edge Multi-Party Computation (MPC) technology and custody solutions with P2P.orgβs unified API and staking infrastructure, the collaboration seeks to meet the stringent requirements of institutional clients while simplifying their technical operations.
“Ultimately, our ambition is to set a new benchmark for what institutions expect from their staking collaborations,” said Alex Loktev, Chief Revenue Officer at P2P.org.
Blockchain Integration and Expansion
The partnership will initially focus on Polkadot and Solana staking, with plans to expand services to include Ethereum and Bittensor. However, itβs important to note that these staking services will not be available to Copper users in the United Kingdom.
Growth of P2P.org’s Staking Solutions
P2P.orgβs “Staking-as-a-Business” model has demonstrated substantial growth, with its staking solutions managing over $10 billion in assets, including both staked and restaked tokens. Offering support across 40 blockchains, the SaaB model was launched in April 2024 to cater to businesses and institutions such as custodians, crypto exchanges, and wallets.
Recent efforts by P2P.org, including its collaboration with Northstakeβa tokenized Ether validator marketplaceβhave highlighted its commitment to increasing institutional participation in the growing staking ecosystem. This partnership with Copper further strengthens its position in the institutional staking landscape.
Copperβs Role in Institutional Staking
In addition to its partnership with P2P.org, Copper has been actively enhancing its services for institutional clients. Earlier this year, Copper joined forces with staking infrastructure provider Figment to expand institutional access to staking solutions. The company also introduced a blockchain-based platform for digital asset lending in February, marking significant progress in integrating traditional finance with digital asset services.
These developments underscore Copperβs mission to provide secure, innovative solutions for institutions seeking exposure to cryptocurrency markets while navigating the complexities of blockchain technology.