P2P.org and Taurus Partner to Provide Bank Staking Access

P2P.org and Taurus announced a partnership on June 11 to integrate staking infrastructure into Taurus' digital asset platform. The collaboration enables banking clients to access institutional staking services through Taurus-PROTECT, Taurus' custody solution designed for banks. The integration addresses operational requirements for regulated financial institutions seeking to offer staking services while maintaining existing custody frameworks.

P2P.org Integration Supports Ethereum and Multi-Chain Staking

Under the agreement, Taurus clients will be able to earn staking rewards on major blockchain networks, initially through Ethereum (ETH) via a native integration with the Beacon Chain deposit contract. The integration will also provide access to P2P.org's validator operations across several Proof-of-Stake networks, including Solana, Polkadot, Cosmos, NEAR, Cardano, and Tezos. Through Taurus-PROTECT, institutions retain control of their assets while delegating validation responsibilities to P2P.org's infrastructure. Staking rewards will continue to be determined by the reward mechanisms of the respective blockchain protocols. P2P.org is a non-custodial validator infrastructure provider securing more than $10 billion in delegated assets across over 50 blockchain networks.

Taurus and P2P.org Executives Confirm Partnership Goals

"We are pleased to partner with P2P.org to provide institutional staking services through Taurus-PROTECT," said Clémentine Drouot, Head of Taurus-NETWORK Partnerships at Taurus in a written statement. "This collaboration reflects our commitment to providing financial institutions with secure, compliant, and scalable access to staking services, while supporting the operational and governance standards that banks require," she added. "Institutional adoption of staking depends on infrastructure that meets the operational, security, and governance requirements of regulated financial institutions," said Alexander Loktev, Chief Revenue Officer at P2P.org in a written statement. "By integrating with Taurus, we enable banks and financial institutions worldwide to access institutional-grade staking services directly within the digital asset platform they already use, reducing operational complexity and accelerating time-to-market," he added. According to the companies, the integration is designed to align with the operational, governance, and security requirements of regulated financial institutions.

FAQ

What did P2P.org and Taurus announce on June 11? P2P.org and Taurus announced a partnership to integrate P2P.org's staking infrastructure into Taurus' digital asset platform, enabling banking clients to access institutional staking services through Taurus-PROTECT custody solution.

Which blockchain networks are supported in the P2P.org and Taurus integration? The integration initially supports Ethereum via the Beacon Chain deposit contract, with access to P2P.org's validator operations across Solana, Polkadot, Cosmos, NEAR, Cardano, and Tezos.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments