P2P.org Raises $23M for Institutional Staking Infrastructure and APIs

P2P.org, a blockchain staking service provider, announced $23 million in funding in April 2023, backed by Jump Crypto, Bybit, and Sygnum. The company plans to use the capital to develop blockchain infrastructure and launch a new platform designed for financial intermediaries seeking to offer staking services to their clients. The platform will provide institutional-grade staking solutions accessible through APIs, RPC nodes, and white-label capabilities, effectively positioning P2P.org as an infrastructure-as-a-service provider for the crypto staking vertical.

This approach mirrors embedded finance models by enabling banks, exchanges, and fintech platforms to integrate staking without building proprietary infrastructure. The involvement of Sygnum, a regulated digital asset bank, and Bybit, a major exchange, underscores the institutional orientation of the offering. The funding positions P2P.org to capture demand from traditional financial institutions exploring digital asset yield products.