P2P.org Partners with Northstake to Enhance Institutional Participation in Staking Market

Non-custodial staking platform P2P.org has entered a strategic partnership with Northstake, a tokenized Ethereum validator marketplace, to increase institutional participation in the staking market. This collaboration was announced on January 23, with P2P.org joining Northstake’s ETH validator marketplace as an infrastructure provider.

Through this partnership, P2P.org will offer institutions access to enterprise-grade nodes, enabling them to participate in the $2.8 trillion staking ecosystem. The platform will also share its expertise in Ethereum validator operations, helping to unlock staking opportunities for institutional players.

β€œNorthstake’s ETH Validator Marketplace represents a significant advancement in institutional staking solutions, particularly for regulated financial institutions requiring both liquidity and regulatory compliance. Our partnership will combine P2P.org’s enterprise-grade node infrastructure with Northstake’s innovative marketplace, setting new standards for institutional staking services.”

Benefits of the Partnership

The partnership between P2P.org and Northstake will provide asset managers with the ability to trade ETH validators. Key players utilizing this service include:

  • Keyrock
  • GSR
  • Nonco
  • DV Chain

Canadian investment fund manager 3iQ has also utilized Northstake’s ETH validator marketplace to enhance its staking assets.

About P2P.org

P2P.org unveiled its staking-as-a-business solution for institutional players in April 2024. The multi-chain staking platform raised $23 million in a funding round led by venture capital firm Jump Crypto in 2023. Its SaaB service has enabled the platform to bring staking to crypto custodians, exchanges, and wallet providers.

Key Statistics

According to P2P.org’s figures:

  • Total value locked has surpassed $8 billion
  • The number of delegators has grown to over 90,000

Stay up-to-date with the latest news and developments in the world of cryptocurrencies and finance with Global Crypto News.