The company P2P.org has recently introduced a new service called Staking-as-a-Business (SaaB), which aims to help businesses such as custodians, crypto exchanges, and wallet providers to accelerate their growth. According to Artemiy Parshakov, the head of product at P2P.org, their approach extends beyond the typical vendor-client relationship, with the company fully committed to the success of its partners.
P2P.org even provides marketing budgets to support the launch of its partners and offers end-to-end support covering business, legal, marketing, and customer service. This new offering comes after P2P.org secured $23 million in funding from venture capitalists like Jump Crypto.
The company’s total value locked (TVL) has experienced significant growth, increasing by 395% from $1.4 billion in the first quarter of the previous year. Staking, the process of locking up digital assets to earn yield or passive income without selling the crypto tokens, has gained popularity as a feature of proof-of-stake (PoS) blockchains such as Ethereum.
With Ethereum’s PoS upgrade in 2022, staking has become even more attractive. Different platforms offer varying reward ratios, but users can earn up to 3.76% APR by leveraging major providers.