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Home Crypto Updates

RockX broadens suite with launch of new ether (ETH) native staking solution » CryptoNinjas

by Blockchain Daily Report
May 24, 2023
in Crypto Updates
Reading Time: 2 mins read
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RockX broadens suite with launch of new ether (ETH) native staking solution » CryptoNinjas
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RockX, an Asia-based institutional-grade staking companies supplier, introduced at this time the broadening of its staking product suite with the addition of a brand new ether (ETH) native staking resolution. This newest providing strengthens RockX’s place as a complete supplier of numerous staking wants, maneuvering rapidly to the evolving crypto market panorama.

Navigating the Ethereum ecosystem presents establishments with distinctive challenges, together with liquidity points, cybersecurity vulnerabilities, counterparty failures, and a posh technological mastery hurdle, which have change into extra pronounced within the wake of the Shapella improve. RockX is dedicated to overcoming these hurdles by offering strong and safe options that simplify the staking course of and instill confidence in its customers.

The ETH native staking resolution stands as a testomony to this dedication, differentiating itself by optimum yield for validators through its pool resolution on execution layer rewards, competitively low charges with out prices on protocol rewards, and a swift, two-step staking course of. The strategic introduction of those ETH staking options by RockX leverages the huge market potential as establishments more and more enterprise into the Ethereum ecosystem.

Aligned with its long-term technique to simplify institutional blockchain adoption, RockX is planning the complete launch of a Staking API that helps blockchains later this 12 months. This may supply establishments a scalable, safe, and environment friendly pathway for integrating their present platforms with RockX, thereby facilitating speedier market entry.

Already, RockX has registered an influx of over 7,000 ETH staking put up the Shapella improve and anticipates a further 50,000 ETH within the coming weeks. RockX’s staking options have garnered the belief of main crypto exchanges and wallets/custodians, together with Amber Group, Bitgo, and Matrixport.

“Our partnership with RockX displays our joint dedication to enhancing investor confidence and establishing a safe and environment friendly crypto ecosystem. We’re enthusiastic in regards to the potential of RockX’s institutional staking resolution, which we imagine will deal with liquidity wants of institutional shoppers whereas driving innovation within the blockchain business.”– Annabelle Huang, Managing Accomplice of Amber Group

Following the latest launch of its Liquid Staking product, Bedrock, and a White Label product designed for corporations looking for to determine crypto companies, the addition of an ETH native staking service showcases RockX’s devotion to serving to establishments overcome hurdles to Ethereum adoption.

“Our diversified staking options, headlined by the brand new ETH native staking device, equip establishments with dependable and user-friendly sources within the blockchain area. Because the staking panorama continues to develop, we’re thrilled to be on the forefront of this thrilling evolution in institutional staking options.”– Chen Zhuling, CEO of RockX



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