P2P Validator is a firm that offers non-custodial staking services for professional investors. The firm’s infrastructure allows token holders to take part in staking without the heavy-lifting of running a node that includes maintenance and surety bonds among other expensive requirements. The firm achieves this by delegating their holdings to P2P(Peer-to-Peer) and a accumulating users’ stakes to act as a major validation node. The resulting node receives and allocates staking rewards among its users with reference to the users’ proportion in the delegation.
With this solution, the firm aims to grow crypto businesses by providing institutional-grade staking solutions that help investors compound their cryptocurrency investments through non-custodial staking. The firm’s solutions also offer high uptime and secure staking with advanced monitoring and support services. Since the P2P Validator’s inception, the firm has managed to accumulate staked assets worth a total of over 1.4 Billion and more than 40K clients. The firm is also ranked among the Top 3 Global AAA-rated staking providers.
Last Thursday, P2P validator announced that it had raised $23 million in a series A funding round. The round was led by heavy-weight crypto investors including Jump Crypto, Sygnum Bank and Bybit – a crypto exchange. P2P Validator aims to utilize the funding in accelerating its development of blockchain infrastructure to enhance the user experience in staking. The funds will also facilitate the firm’s development expansion and research initiatives. The funding round also attracted other undisclosed investors. The firm’s post-funding valuation was also undisclosed.
The Cyprus-based firm relies on proof-of-stake(PoS) in its infrastructure, a method that is increasingly garnering popularity among blockchains as it has the ability to secure chain networks. Proof-of-stake can prevent bad actors from hijacking public databases and conducting fraud. This technology is however, different from Bitcoin’s Proof-of-work technology that consumes a lot of energy in validating transactions. Proof-of-stake also allows its users to generate revenue from their assets in that, blockchains like Ethereum allow users to participate in securing the network by using this technology to stake their ETH in validation protocols and in return earn revenue from gas costs resulting in the validation services their staked assets offer. Utilizing this technology, P2P Validator has a platform that allows users to stake their cryptocurrency while the firm pools user funding to stake the cryptocurrency and at the same time offering up its computers to validate transactions.
P2P Validator offers a wide variety of products under different categories. The firm’s products are tailored to target specific clients including token holders, custodians, funds and wallets & exchanges. For token holders, the firm offers secure non-custodial staking services that include staking with insurance, referral programs and whitelabel nodes – high performance PoS nodes with top-tier infrastructure.
For custodians, in addition to offering staking services, the firm offers API solutions to enable custodians access leading staking protocols with API integrations as well as RPC(Remote Procedure Call) nodes that interact with blockchains at a secure level in a manner that is fast and reliable.
Wallets, exchanges and funds get the similar services but additionally, they also get fee-rebate services where they can benefit from retro bonuses. If they choose stake their assets in the long-term, they stand to increase their APY(Annual Percentage Yield)s. P2P products are live on more than 40 chains including Ethereum, Solana, Polkadot and Aptos among others.
