P2P.org raises $23M in Series A funding for non-custodial staking solutions

P2P.org, a non-custodial staking provider, has secured $23 million in Series A funding from investors including Bybit, Sygnum, and Jump Crypto. Established in 2018, P2P.org offers staking infrastructure and solutions for Ethereum and an additional 49 blockchain programs, which comprise Cardano and Cosmos. The company’s institutional staking solutions boast of white label nodes and slashing insurance, which have been implement to stake a value exceeding $1.3 billion worth of assets. The funds from the latest funding round will empower the company to diversify its portfolio to incorporate more chains in the Ethereum domain, such as Celestia, Sui, and Aleo, as stated in a press release.