Multi-chain staker and validator P2P.org has recently introduced its Staking-as-a-Business service tailored for institutional investors. The company has achieved a significant milestone with a total value locked (TVL) of $7.4 billion and over one million staked Ether (ETH). This new service aims to support businesses such as custodians, crypto exchanges, and wallet providers in their growth trajectory.

Artemiy Parshakov, the Head of Product at P2P.org, emphasized the comprehensive support provided by the company, covering various aspects like full-stack staking solutions to instill confidence in businesses venturing into the expanded DeFi services. The approach adopted by P2P.org transcends the traditional vendor-client relationship by offering end-to-end support in areas such as business development, legal compliance, marketing, and customer service.

P2P.org’s recent offering comes on the heels of a successful funding round that raised $23 million from prominent venture capitalists like Jump Crypto. The company has witnessed a remarkable 395% growth in its TVL, increasing from $1.4 billion in the first quarter of the previous year.

Staking has gained significant traction in the cryptocurrency ecosystem, with P2P.org offering its SaaB services on Ethereum and other decentralized networks like Kusama and Solana. This practice involves locking up digital assets to earn yields or passive income without selling the tokens, primarily on proof-of-stake (PoS) blockchains like Ethereum. Since Ethereum’s PoS upgrade in 2022, staking has become increasingly popular, with the staking market cap exceeding $110 billion, representing over 26% of the token’s available supply.

Users can earn rewards of up to 3.76% APR by leveraging major staking providers, with slight variations in reward ratios across platforms. Additionally, users can explore avenues for additional income and flexibility by utilizing services like Lido Finance or liquid restaking protocols such as Ether.fi.

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