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P2P.org teams up with OKX to launch institutional-grade staking for ADA, DOT, KSM, and TIA

source-logo  cryptobriefing.com 13 June 2024 13:16, UTC

P2P.org (P2P), in collaboration with OKX, has launched an institutional-grade staking service for four major crypto assets, including Cardano (ADA), Polkadot (DOT), Kusama (KSM), and Celestia (TIA), according to a press release published today.

The partnership aims to offer users enhanced staking opportunities on OKX’s platform with secure infrastructure, stated P2P. In addition, it is expected to set a new standard in Proof of Stake (PoS) staking, offering investors advanced tools for engaging with the major crypto assets.

“We are excited to partner with OKX to offer institutional-grade staking solutions for DOT, KSM, TIA, and ADA,” stated Alex Esin, CEO of P2P.org. “This collaboration represents a significant step forward in empowering institutional investors to maximize their staking potential in the crypto space.”

As part of the partnership, P2P said it would launch a co-marketing campaign to educate OKX users about stake benefits and rewards.

Established in 2018, P2P has become a leading institutional staking provider with its total value locked (TVL) surpassing $7.5 billion.

In addition to its staking service, the company provides APIs and integration options for seamless staking operations, including real-time blockchain data and reporting tools. Last month, P2P launched the first-ever restaking API for Ethereum (ETH), empowering intermediaries, such as wallets, exchanges, and custodians, with automated staking solutions.

cryptobriefing.com