RockX, an Asia-based provider of institutional-level staking services, today announced the addition of a new Ether (ETH) native staking solution to its staking product range. This latest offering strengthens RockX’s position as a comprehensive provider of diverse deployment needs, quickly adapting to the evolving crypto market landscape.
Navigating the Ethereum ecosystem poses unique challenges for institutions, including liquidity issues, cybersecurity vulnerabilities, counterparty defaults, and a complex hurdle in technological mastery that has become even more pronounced in the wake of the Shapella upgrade. RockX strives to overcome these hurdles by providing robust and secure solutions that simplify the staking process and instill confidence in users.
ETH’s native staking solution is a testament to this commitment, featuring optimal returns for validators via their execution-level reward pool solution, competitively low fees with no log reward fees, and a fast, two-step staking process. RockX’s strategic launch of these ETH staking solutions capitalizes on the huge market potential as institutions increasingly enter the Ethereum ecosystem.
In line with its long-term strategy to simplify institutional blockchain adoption, RockX plans to fully launch a staking API supporting blockchains later this year. This provides institutions with a scalable, secure and efficient way to integrate their existing platforms with RockX, facilitating faster time-to-market.
RockX has already registered an inflow of over 7,000 ETH stakes after the Shapella upgrade and expects another 50,000 ETH in the coming weeks. RockX’s staking solutions have earned the trust of leading crypto exchanges and wallets/custodians, including Amber Group, Bitgo, and Matrixport.
“Our partnership with RockX reflects our shared commitment to boosting investor confidence and building a safe 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 stake product, Bedrock, and a white-label product designed for companies looking to build crypto businesses, the addition of an ETH-owned staking service underscores RockX’s commitment to helping institutions transcend of hurdles to support Ethereum adoption.
“Our diverse staking solutions, most notably the new ETH-owned staking tool, provide institutions with reliable and user-friendly resources in the blockchain area. As the staking landscape continues to grow, we are excited to be at the forefront of this exciting evolution of institutional staking solutions.”
– Chen Zhuling, CEO of RockX
