RockX, a prominent provider of institutional-grade staking solutions in Asia, is expanding its offerings with a new ETH native staking solution. This move solidifies RockX’s position as a comprehensive provider of staking services, catering to the evolving crypto market landscape.
The Ethereum ecosystem presents unique challenges for institutions, including liquidity issues, cybersecurity vulnerabilities, and technical complexities, which have become more prominent after the Shapella upgrade.
RockX aims to overcome these challenges by offering robust and secure solutions that simplify the staking process and instill confidence in users, the company mentioned in a press release shared with AlexaBlockchain.
The ETH native staking solution differentiates itself by providing optimal yield for validators through a pool solution, competitive fees without charges on protocol rewards, and a swift, two-step staking process.
This addition complements RockX’s existing product suite, which includes the proprietary Liquid Staking product, Bedrock, and a White Label product for companies looking to establish their crypto businesses with ease and customization.
RockX strategically introduces these ETH staking solutions to leverage the growing interest from institutions in the Ethereum ecosystem. With improving regulatory clarity in the EU and increasing acceptance of cryptocurrencies as an asset class in Asia, the future of staking and blockchain technology adoption is poised for growth, optimizing institutional capital efficiency.
As part of its long-term strategy to simplify institutional blockchain adoption, RockX plans to launch a Staking API supporting various blockchains later this year. This API will offer institutions a scalable, secure, and efficient pathway to integrate their existing platforms with RockX, facilitating faster market entry.
RockX has already experienced significant inflows of ETH staking following the Shapella upgrade, and expects a further surge of 50,000 ETH in the coming weeks.
RockX’s suite of staking solutions has gained the trust of leading crypto exchanges, wallets, and custodians, including Amber Group, Bitgo, and Matrixport, reaffirming its commitment to providing secure and efficient staking solutions and solidifying its position as a leader in the market.
Amber Huang, Managing Partner of Amber Group, expressed enthusiasm for RockX’s institutional staking solution, emphasizing the potential to address liquidity needs while driving innovation in the blockchain industry.
Chen Zhuling, CEO of RockX, highlighted the company’s dedication to equipping institutions with reliable and user-friendly blockchain resources and being at the forefront of the evolution in institutional staking solutions.
RockX remains focused on optimizing capital efficiency through continuous infrastructure enhancement and scaling. With collaborations with trusted protocols, RockX aims to deliver an extensive suite of staking solutions that cater to the evolving demands of the market.