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P2P.org Joins Forces with OKX to Expand Institutional Staking

Fast Take
  • P2P.org and OKX partnership boosts institutional staking
  • SaaB model facilitates entry of institutions into the crypto market
  • Institutional interest in cryptocurrencies continues to grow
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In a strategic move in the cryptocurrency market, P2P.org, known for its validation and institutional staking services, announced a partnership with the OKX exchange. This collaboration aims to offer cryptocurrency staking to institutional clients, a service that is gaining more and more relevance in the sector.

Through P2P.org's Staking as a Business (SaaB) model, businesses can now access top-notch staking services for a variety of digital assets, including Polkadot, Kusama (KSM), Celestia (TIA), and Cardano. This access is crucial as it allows institutions to actively participate in the returns provided by these assets without the need for advanced technical infrastructure.

According to P2P spokespeople, “The staking with OKX allows eligible users to enjoy an APR without the hassle of setting up new nodes. They also highlighted the main barriers that often discourage institutions from entering the staking market: a steep learning curve, considerable time investment and high operating costs.

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In April this year, P2P.org reached an important milestone by recording $7,5 billion in total value locked (TVL) and introduced the concept of “staking-as-a-business”. This model is an attempt to simplify and democratize access to staking for institutional clients. Alex Esin, CEO of P2P.org, commented at the time: “Our goal is to assist in the establishment or amplification of staked assets within institutional products, ensuring that the stake contributes a minimum of 10% to total revenue, ideally reaching 20% .”

The growing interest in products such as SaaB, exchange-traded funds (ETFs) and crypto exchange-traded products reflects a broader trend of institutional adoption. Recent reports, such as CoinShares’ “Digital Asset Fund Flows,” reveal that inflows into crypto exchange-traded funds and products reached $2 billion in May 2024, bringing the year-to-date value to more than $15 billion.

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.

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