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Cardano Ecosystem

Blockchain Reporter

06/13/2024

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OKX Joins P2P.org to Introduce Institutional Staking with ADA, TIA, KSM, and DOT

OKX, a popular crypto exchange, has started an exclusive collaboration with P2P.org. As per the reports, the exchange is partnering with the top institutional-level staking infrastructure provider to commence...

OKX Joins P2P.org to Introduce Institutional Staking with ADA, TIA, KSM, and DOT

staking-tokens

OKX, a popular crypto exchange, has started an exclusive collaboration with P2P.org. As per the reports, the exchange is partnering with the top institutional-level staking infrastructure provider to commence offering institutional staking with digital assets including ADA, TIA, KSM, and DOT. As a part of this partnership, OKX is leveraging the institutional-scale infrastructure of P2P.org for staking.

OKX and P2P.org Join Forces to Offer Institutional Staking Using ADA, TIA, KSM, and DOT

The exchange will set an exclusive standard in the PoS staking across the prominent crypto assets. With this initiative, both the collaborators are focusing on advancing the crypto staking under the proof-of-stake consensus. The platforms will reportedly pay significant attention to 4 well-known crypto assets including Cardano, Celestia, Kusama, and Polkadot.

By benefiting from the resilient institutional-scale staking infrastructure of P2P.org, investors can leverage improved staking opportunities. In this way, they can smoothly engage across diverse networks with advanced technologies and tools. P2P.org’s chief executive officer Alexx Esin also remarked on this endeavor. The executive expressed the company’s enthusiasm for this partnership.

Esin added that this development signifies a remarkable move forward in strengthening institutional investors. With this partnership, the investors can reportedly maximize the staking potential within the world of cryptocurrencies. The entities pursuing the capitalization on staking benefits through ADA, TIA, KSM, or DOT can leverage joint expertise. In addition to this, they can also utilize the combined resources of both platforms.

P2P.org Launches a Campaign to Increase Awareness and Adoption of Crypto Staking

The current SaaB model of P2P.org assists in introducing staking on different custodies, wallets, and exchanges. In line with this model, the platform will start a co-marketing campaign helping the OKX community. This will also include spreading education about the staking benefits apart from the extra prizes and rewards. In this way, the campaign aims at enhancing awareness and adoption.

P2P operates as a famous platform that offers non-custodial and secure trading to facilitate intermediaries and crypto businesses. The platform reportedly possesses more than 90,000 delegators as well as above $7.5B in total value locked. The company democratizes access to staking while leading in the provision of the “Staking-as-a-Business” model. The platform turns staking into a profitable and effortless operation. Moreover, P2P.org promotes wider participation in protecting blockchain networks.

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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