According to PANews, P2P.org, a provider of staking services, has officially launched its Staking-as-a-Business (SaaB) model aimed at institutions. The SaaB model is designed to assist platforms such as exchanges, wallet providers, and custodians in adding staking and decentralized finance (DeFi) services, diversifying their growth paths. Currently, P2P.org has over one million Ethereum (ETH) staked, and its total locked value (TVL) recently exceeded $7.4 billion.
In a report last year, it was revealed that P2P.org had raised $23 million in funding. The launch of the SaaB model is a significant step for the company, as it seeks to expand its services and reach within the growing DeFi sector. The model will allow institutions to leverage the benefits of staking and DeFi services, providing them with new avenues for growth and diversification.
The fact that P2P.org has over one million ETH staked and a TVL exceeding $7.4 billion underscores the potential of the SaaB model and the growing interest in staking and DeFi services. The launch of the SaaB model is expected to further enhance P2P.org's position in the market and contribute to the overall growth of the DeFi sector.
