Staking platform P2P.org is teaming up with Northstake, a tokenized Ethereum validator marketplace, to bolster institutional participation in the staking market.

P2P.org, which offers non-custodial staking services, has joined Northstake’s ETH validator marketplace as an infrastructure provider, the two platforms announced in a press release on Jan. 23.

Through this collaboration, P2P.org will provide institutions seeking exposure to the $2.8 trillion staking ecosystem with access to enterprise-grade nodes. The platform will also share its expertise in Ethereum (ETH) validator operations, helping to unlock staking opportunities for institutional players.

“Northstake’s ETH Validator Marketplace represents a significant advancement in institutional staking solutions, particularly for regulated financial institutions requiring both liquidity and regulatory compliance. Our partnership will combine P2P.org’s enterprise-grade node infrastructure with Northstake’s innovative marketplace, setting new standards for institutional staking services,” Alex Esin, chief executive officer at P2P.org noted.

Asset managers can leverage Northstake’s staking model to trade ETH validators. Top players using this service include Keyrock, GSR, Nonco, and DV Chain. Canadian investment fund manager 3iQ also utilized Northstake’s ETH validator marketplace to enhance its staking assets.

P2P.org unveiled its staking-as-a-business solution for institutional players in April 2024. The multi-chain staking platform raised $23 million in a funding round led by venture capital firm Jump Crypto in 2023. Its SaaB service has enabled the platform to bring staking to crypto custodians, exchanges, and wallet providers.

According to P2P.org’s figures, its total value locked has surpassed $8 billion, while the number of delegators has grown to over 90,000.