RockX, an Asia-based provider of institutional-grade staking services, today announced the expansion of its staking product suite with the addition of a new native Ether (ETH) staking solution. This latest offering solidifies RockX’s position as a comprehensive provider of various staking needs, quickly adapting to the changing landscape of the crypto market.
Navigating the Ethereum ecosystem presents institutions with unique challenges, including liquidity issues, cybersecurity vulnerabilities, counterparty failures, and a complex hurdle of technological mastery, which have been accentuated following the upgrade of Formella. RockX is committed to overcoming these obstacles by providing robust and secure solutions that simplify the staking process and instill confidence in its users.
The ETH native staking solution demonstrates this commitment, differentiating itself with optimal return for validators via its pool solution on execution layer rewards, competitive fees with no fees on protocol rewards and a fast staking process. in two steps. The strategic introduction of these ETH staking solutions by RockX taps into the vast market potential as institutions increasingly venture into the Ethereum ecosystem.
In line with its long-term strategy to simplify institutional blockchain adoption, RockX plans to fully launch a blockchain-enabled Staking API later this year. This will provide institutions with a scalable, secure, and efficient path to integrate their existing platforms with RockX, facilitating faster market entry.
Already, RockX has seen an influx of over 7,000 ETH after the Shapella upgrade and expects another 50,000 ETH in the coming weeks. RockX’s staking solutions have earned the trust of major crypto exchanges and wallets/custodians including Amber Group, Bitgo, and Matrixport.
“Our partnership with RockX reflects our shared commitment to building investor confidence and establishing a secure and efficient crypto ecosystem. We are excited about the potential of RockX’s institutional staking solution, which we believe will meet the liquidity needs of institutional clients while driving innovation in the blockchain industry.
– Annabelle Huang, Managing Partner of Amber Group
Following the recent launch of its Liquid Staking product, Bedrock, and a White Label product designed for companies looking to establish crypto businesses, the addition of a native ETH staking service shows RockX’s dedication to helping institutions to overcome barriers to Ethereum adoption.
“Our diverse staking solutions, powered by the new ETH native staking tool, equip institutions with reliable and user-friendly blockchain resources. As the staking landscape continues to grow, we are excited to be at the forefront of this exciting evolution in institutional staking solutions.
– Chen Zhuling, CEO of RockX