P2P.org is a staking service provider whose existing offering focuses on direct holders and is developing a new infrastructure platform aimed at intermediaries. The company raised $23 million from Jump Crypto, Bybit, and Sygnum. It says it will use the funding to develop blockchain infrastructure that enhances the user experience in staking and to research and develop expansion initiatives. P2P.org is positioning its product roadmap to capitalize on the Shanghai (Shapella) upgrade to the Ethereum network, which enables withdrawals of staked assets. The upgrade is expected to increase liquidity and heighten institutional interest in Ethereum, which P2P.org aims to capture with its institutional-focused offering.

Total raised

$23M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2023